USDCAD Approached Support, Prepare For A Further Rise

USDCAD approached its support at 1.3380 (horizontal swing low support, 61.8% Fibonacci extension,38.2% Fibonacci retracement) where it could potentially bounce to its resistance at 1.3457(61.8% Fibonacci extension, horizontal swing high resistance).

Stochastic (55, 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.
CADChart PatternsforexsignalsHarmonic PatternsTrend AnalysisUSDUSDCAD

Declinazione di responsabilità