FX.co - USD/CAD close to resistances

2019-08-23T04:17:04

Relevance until2019-08-24

Price drifted higher and now close to horizontal sing high resistance below which a drop is expected.

Entry: 1.33155

Why it's good : 61.8% Fibonacci retracement

Stop Loss : 1.3340

Why it's good : 100% Fibonacci extension

Take Profit : 01.32750

Why it's good: 61.8% Fibonacci retracement, intermediate horizontal swing low support

USD/CAD close to resistances

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

Analytical expert

Dean Leo

FX.co ★ USD/CAD close to resistances