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USDCAD approaching support, potential bounce!

Long
Dollaro / Dollaro canadese (FX:USDCAD)  
easyMarkets Broker  
FX:USDCAD   Dollaro / Dollaro canadese
Trend Analysis Harmonic Patterns Chart Patterns USDCAD USD CAD usdcadlong usdcadshort Forex forextrading forexsignals
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trendanalysis harmonicpatterns chartpattern usdcad usd cad usdcadlong usdcadshort forex forextrading forexsignals
USDCAD is approaching our first support at 1.3142 (horizontal overlap support, 61.8% Fibonacci retracement, 100% Fibonacci extension, ascending channel’s support) where a strong bounce might occur below this level pushing price up to our major resistance at 1.3260 (horizontal swing high resistance, 78.6% Fibonacci retracement, 100%, 61.8% Fibonacci extension).
Stochastic (21,5,3) is also approaching support where we might see a corresponding bounce in price.
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