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

USD/CAD approaching 1st resistance, potential drop !

USD/CAD approaching 1st resistance, potential drop !

Trading Recommendation

Entry: 1.4005

Reason for Entry: 38.2% fibonacci retracement

Take Profit :1.3862

Reason for Take Profit: Horizontal swing low support , 78.6% fibonacci extension

Stop Loss: 1.4116

Reason for Stop loss: Horizontal swing high

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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