FX.co - USD/CAD approaching 1st support, potential bounce expected!

7 April 2020 at 8:04AM (UTC+0)

Relevance until8 April 2020 at 8:04AM (UTC+0)

Trading Recommendation

Entry: 1.40165

Reason for Entry: Horizontal swing low support, 78.6% Fibonacci extension

Take Profit : 1.42677

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

Stop Loss:1.37321

Reason for Stop loss: Horizontal swing low support

*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 support, potential bounce expected!