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USDCAD approaching resistance, potential drop!

Singkat
Dolar A.S. / Dolar Kanada (FX:USDCAD)  
Tickmill Broker  
FX:USDCAD   Dolar A.S. / Dolar Kanada
Trend Analysis Chart Patterns Harmonic Patterns USDCAD USD CAD usdcadlong Forex forextrading usdcadshort forexsignals
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trendanalysis chartpattern harmonicpatterns usdcad usd cad usdcadlong forex forextrading usdcadshort forexsignals
USDCAD is approaching our first resistance at 1.3468 (horizontal swing high resistance, 61.8% Fibonacci extension) where a strong drop might occur below this level to our major support at 1.3340 (horizontal pullback support, 61.8% Fibonacci extension, 61.8% Fibonacci retracement).
Stochastic (34,5,3) is also approaching resistance where we might see a corresponding drop in price.
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This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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