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FX.co ★ USDCAD testing ascending trendline support! Bounce expected!

USDCAD testing ascending trendline support! Bounce expected!

USDCAD testing ascending trendline support! Bounce expected!

Trading Recommendation

Entry: 1.36515

Reason for Entry: Ascending trendline support, moving average support

Take Profit: 1.37155

Reason for Take Profit: Graphical swing high

Stop Loss: 1.36367

Reason for Stop Loss: -27.2% Fibonacci retracement

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