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

Trading Recommendation

Entry: 1.30425

Reason for Entry:

50% and 38.2% Fibonacci retracement, graphical swing low

Take Profit : 1.30950

Reason for Take Profit: 161.80% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high

Stop Loss: 1.30052

Reason for Stop loss:

78.6% Fibonacci retracement