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FX.co ★ USD/CAD testing resistance, potential reversal!

USD/CAD testing resistance, potential reversal!

USD/CAD testing resistance, potential reversal!

Trading Recommendation

Entry: 1.39020

Reason for Entry: Horizontal overlap resistance, 61.8% fibonacci retracement, 78.6% Fibonacci extension

Take Profit : 1.37471

Reason for Take Profit: Horizontal swing low support, 61.8% fibonacci extension, 23.6% fibonacci retracement

Stop Loss: 1.39535

Reason for Stop loss: 100% Fibonacci extension, 78.6% fibonacci retracement

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