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FX.co ★ USD/CAD reacting below resistance. Drop in progress!

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Forex Analysis

2020-02-12T08:09:30
iconLong-term review

USD/CAD reacting below resistance. Drop in progress!

USD/CAD reacting below resistance. Drop in progress!

Trading Recommendation

Entry: 1.32960

Reason for Entry: Moving average resistance

Take Profit : 1.32533

Reason for Take Profit: 23.6% Fibonacci retracement

Stop Loss: 1.33189

Reason for Stop loss: 61.8% Fibonacci extension

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