USDCAD Approaching Support, Prepare For A Bounce
USDCAD is approaching its resistance at 1.3464 (horizontal swing high resistance, 61.8% Fibonacci extension, 61.8 % Fibonacci retracement) where it could potentially drop to its support at 1.3340 (61.8% Fibonacci retracement, 61.8% Fibonacci extension, horizontal pullback support).
Stochastic (89, 5, 3) is approaching its support where a corresponding bounce 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 approaching its support where a corresponding bounce 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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