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

27 April 2020 at 5:53AM (UTC+0)

Relevance until28 April 2020 at 5:53AM (UTC+0)

Trading Recommendation

Entry: 1.4135

Reason for Entry: 50% fibonacci retracement

Take Profit :1.3996

Reason for Take Profit: Horizontal swing low support , 61.8% fibonacci retracement

Stop Loss: 1.4292

Reason for Stop loss: 100% fibonacci retracement, 50% 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 ★ USD/CAD approaching 1st resistance, potential drop !