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FX.co ★ USDCAD right on ascending trendline support! Time to go long!

USDCAD right on ascending trendline support! Time to go long!

USDCAD right on ascending trendline support! Time to go long!

Trading Recommendation

Entry: 1.41399

Reason for Entry: Ascending trendline support, 23.6% Fibonacci retracement

Take Profit : 1.42974

Reason for Take Profit: 61.8% Fibonacci retracement

Stop Loss: 1.40414

Reason for Stop loss: 61.8% Fibonacci retracement, Graphical swing low

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