FX.co - GBP/CAD approaching resistance, potential drop!

2020-04-01T07:31:48

Relevance until2020-04-02

Trading Recommendation

Entry: 1.76955

Reason for Entry: horizontal overlap resistance, 76.4% fibonacci retracement

Take Profit : 1.71739

Reason for Take Profit: 50% Fibonacci retracement, horizontal pullback support

Stop Loss: 1.80522

Reason for Stop loss: Horizontal swing high resistance

*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 ★ GBP/CAD approaching resistance, potential drop!