USD/CAD approaching 1st support, potential bounce expected!

Trading Recommendation

Entry: 1.40165

Reason for Entry: Horizontal swing low support, 78.6% Fibonacci extension

Take Profit : 1.42677

Reason for Take Profit: Horizontal swing high resistance, 76.4% Fibonacci retracement

Stop Loss:1.37321

Reason for Stop loss: Horizontal swing low support