USDCAD Approaching Support, Prepare For A Further Rise
USDCAD approached its support at 1.3342(38.2% Fibonacci retracement , horizontal pullback support, 61.8% Fibonacci extension ) where it could potentially bounce to its resistance at 1.3465( horizontal swing high resistance).
Stochastic (89, 5, 3) is bounced off its support where a corresponding rise could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Stochastic (89, 5, 3) is bounced off its support where a corresponding rise could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Penafian
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