
EUR/CAD support: Where Fibonacci meets the 100 SMA
EUR/CAD bulls defend a key zone where the 100 SMA aligns with the 38.2% Fibonacci, but RSI data at 26.04 warns of hidden risks.

EUR/CAD bulls defend a key zone where the 100 SMA aligns with the 38.2% Fibonacci, but RSI data at 26.04 warns of hidden risks.

The SNB's 0% rate decision hit the franc. I'm watching the 1.0612 triple support zone for a bullish reversal on the 4-hour chart.