FX.co - USD/CAD rejection below key resistance

18 February 2020 at 9:43AM (UTC+0)

Long-term review

Trading Recommendation

Entry:1.32692

Reason for Entry: 38.2% Fibonacci retracement, horizontal swing high.

Take Profit : 1.32405

Reason for Take Profit: Graphical overlap

Stop Loss: 1.32946

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 rejection below key resistance