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EURCAD Approaching Support, Potential Bounce

EURCAD is approaching its support at 1.4937 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 1.5111 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance). Stochastic (89, 5, 3) is approaching its support at 4.2% where a corresponding bounce could occur.

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