USDCAD pulling back to descending trendline! Drop incoming!

Trading Recommendation

Entry: 1.41518

Reason for Entry: 38.2% Fibonacci retracement, Descending trendline resistance.

Take Profit : 1.40141

Reason for Take Profit: 78.6% Fibonacci retracement

Stop Loss: 1.41963

Reason for Stop loss: 61.8% Fibonacci retracement