FX.co - USDCAD approaching ascending trendline support!

2020-04-06T04:20:30

Long-term review

Trading Recommendation

Entry: 1.41305

Reason for Entry: 50.0% Fibonacci retracement, Ascending trendline resistance.

Take Profit : 1.43489

Reason for Take Profit: 61.8% Fibonacci retracement, graphical swing high

Stop Loss: 1.40125

Reason for Stop loss: 78.6% Fibonacci extension

*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 approaching ascending trendline support!