FX.co - USDCAD pulling back to descending trendline! Drop incoming!

2020-04-02T08:57:47

Long-term review

Trading Recommendation

Entry: 1.41518

Reason for Entry: 38.2% Fibonacci retracement, Descending trendline resistance.

Take Profit : 1.40141

Reason for Take Profit: 78.6% Fibonacci retracement

Stop Loss: 1.41963

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 ★ USDCAD pulling back to descending trendline! Drop incoming!