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

USD/CAD testing resistance, potential drop!

 USD/CAD testing resistance, potential drop!

Trading Recommendation

Entry: 1.47155

Reason for Entry: Horizontal overlap resistance, 1.13% Fibonacci extension

Take Profit : 1.38311

Reason for Take Profit: 38.2% fibonacci retracement, horizontal pullback support

Stop Loss: 1.54975

Reason for Stop loss: 1.618 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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