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

2020-04-30T04:03:01

Relevance until2020-05-01

Trading Recommendation

Entry: 1.3862

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

Take Profit :1.40006

Reason for Take Profit: 38.2% fibonacci retracement, horizontal pullback resistance

Stop Loss: 1.4116

Reason for Stop loss: 100% 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 ★ USD/CAD approaching 1st support, potential bounce !