FX.co - USDCAD approaching 1st support, potential bounce !

2020-05-06T07:22:28

Relevance until2020-05-07

Trading Recommendation

Entry: 1.40225

Reason for Entry: Horizontal swing low support , 50% fibonacci retracement

Take Profit :11.4247

Reason for Take Profit: 50% fibonacci retracement, horizontal swing high

Stop Loss: 1.3845

Reason for Stop loss: Horizontal swing low

*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 ★ USDCAD approaching 1st support, potential bounce !