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FX.co ★ USD/CAD bounce in progress above support

USD/CAD bounce in progress above support

USDCAD bounce in progress above support for push towards key resistance

Entry: 1.32350

Why it's good : Horizontal graphical resistance, 50% Fibonacci retracement

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: 1.32120Why it's good:

50% Fibonacci retracement, Horizontal graphical overlap

USD/CAD bounce in progress above support

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