FX.co ★ USD/CAD approaching resistance, potential drop!

Trading Recommendation

Entry: 1.32024

Reason for Entry:

61.8% Fibonacci retracement, 78.6% fibonacci extension, horizontal swing high resistance

Take Profit : 1.31000

Reason for Take Profit: 78.6% Fibonacci retracement, 100% fibonacci extension, horizontal pullback support

Stop Loss: 1.32700

Reason for Stop loss:

76.4% Fibonacci retracement, horizontal swing high resistance