USDCAD is testing support at 1.2875 (fibonacci retracement, horizontal swing low support, ascending support) and breaking this level would trigger a strong drop to 1.2761 (fibonacci retracement, fibonacci extension, horizontal pullback support).
We can also see stochastic (89,5,3) reacting nicely off our 97% with good downside potential.
We can also see stochastic (89,5,3) reacting nicely off our 97% with good downside potential.
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