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FX.co ★ USD/CAD Testing key resistance

USD/CAD Testing key resistance

USDCAD now testing key resistance. Pull back below now expected.

Entry: 1.32255

Why it's good : Horizontal graphical resistance and38.2% Fibonacci retracement

Take Profit : 1.31650

Why it's good: 61.8% Fibonacci retracement, Horizontal graphical supportStop Loss: 1.32370Why it's good: 61.8% Fibonacci extension, Horizontal graphical resistance

USD/CAD Testing key resistance

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