FX.co - USD/CAD pull back in progress below resistance. Further drop expected!

2020-01-10T05:19:24

Long-term review

Trading Recommendation

Entry: 1.30437

Reason for Entry:

Horizontal swing high, 38.2% Fibonacci retracement, 78.6% Fibonacci extension

Take Profit : 1.3000

Reason for Take Profit: 50.0% Fibonacci retracement

Stop Loss: 1.30950

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 pull back in progress below resistance. Further drop expected!