FX.co - USDCAD is approaching 1st resistance, possible reversal!

2020-06-19T06:28:36

Relevance until2020-06-20

Trading Recommendation

Entry: 1.3621

Reason for Entry: horizontal swing high, 61% fib retracement

Take Profit :1.3490

Reason for Take Profit: 61% fibonacci extension, horizontal pullback support

Stop Loss:1.3734

Reason for Stop loss: Horizontal swing high resistance

*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 is approaching 1st resistance, possible reversal!