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

2019-12-26T05:39:56

Relevance until2019-12-27

Trading Recommendation

Entry: 1.31684

Reason for Entry: 38.2% Fibonacci retracement

Take Profit : 1.31000

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

Stop Loss: 1.32024

Reason for Stop loss:

61.8% Fibonacci retracement

*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 approaching resistance, potential drop!