FX.co - USD/CAD approaching 1st resistance, potential drop expected!

2020-04-03T07:01:28

Relevance until2020-04-04

Trading Recommendation

Entry: 1.42677

Reason for Entry: Horizontal swing high resistance, 76.4% Fibonacci retracement

Take Profit : 1.40165

Reason for Take Profit: Graphical swing low, 78.6% Fibonacci extension

Stop Loss: 1.45321

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 ★ USD/CAD approaching 1st resistance, potential drop expected!