FX.co - USD/CAD bouncing off 1st support, more upside expected!

2020-04-08T09:00:46

Relevance until2020-04-09

Trading Recommendation

Entry: 1.4071

Reason for Entry: Horizontal overlap support, 38.2% Fibonacci retracement

Take Profit : 1.4254

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 bouncing off 1st support, more upside expected!