USD/CAD approaching support, potential bounce!

Trading Recommendation

Entry: 1.31000

Reason for Entry:

78.6% Fibonacci retracement, 100% fibonacci extension

Take Profit : 1.32024

Reason for Take Profit: 61.8% Fibonacci retracement, 100% fibonacci extension, horizontal swing high resistance

Stop Loss: 1.30431

Reason for Stop loss:

horizontal swing low support