EUR/CAD is approaching its support at 1.4849 (100%, 61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing low support) where price is expected to bounce up to its resistance at 1.4920 (38.2% Fibonacci retracement, horizontal pullback resistance).
Stochastic (55, 5, 3) is approaching its support at 2.3% where a corresponding bounce is expected.
EUR/CAD is testing its support where we expect to see a bounce.
Buy above 1.4849. Stop loss at 1.4797. Take profit at 1.4920.
