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

2020-05-28T01:23:32

Relevance until2020-05-29

Trading Recommendation

Entry:1.3735

Reason for Entry: 127% fibonacci extension

Take Profit :1.3873

Reason for Take Profit: Horizontal swing high resistance, 38.2% fibonacci retracement

Stop Loss: 1.36443

Reason for Stop loss: 161.8% 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 reaching 1st support, potential bounce !