FX.co ★ USD/CAD profit target reached perfectly, prepare to buy

Price has dropped and reached our profit target perfectly. We prepare to buy above 1.3503 support (Fibonacci retracement, Fibonacci extension, horizontal overlap support, Elliott wave theory) for a push up to 1.3641 resistance (Fibonacci retracement, horizontal overlap resistance).

RSI (34) sees strong horizontal support above our 36% level.

Buy above 1.3503. Stop loss at 1.3419. Take profit at 1.3641.