FX.co ★ USD/CAD bounce above support

Description :

USDCAD bounce above support expected.

Entry: 1.32120

Why it's good : Horizontal graphical resistance, 50% Fibonacci retracement, Elliot Wave 4 target

Take Profit : 1.3290

Why it's good: 61.8% Fibonacci retracement, 100% Fibonacci extension, Horizontal graphical support and Elliot Wave 5 target.Stop Loss: 1.31920Why it's good: 61.8% Fibonacci retracement, Horizontal graphical overlap