FX.co ★ USD/CAD approaching resistance, potential reversal

Price is approaching its resistance where a reversal is expected.

Entry: 1.3342

Why it's good : 61.8% Fibonacci extension, 76.4% & 61.8% Fibonacci retracement, horizontal swing high resistance

Stop Loss : 1.3404

Why it's good : 100% Fibonacci extension

Take Profit : 1.3289

Why it's good: 61.8% Fibonacci extension