USDCAD is approaching our first support at 1.32390 (100% Fibonacci extension, 61.8% Fibonacci retracement, Horizontal pullback support) where a strong bounce might occur above this level pushing price up to our major resistance at 1.33497 (50% Fibonacci retracement, Horizontal swing high resistance).
Stochastic is approaching support where we might see bounce in price.
Stochastic is approaching support where we might see bounce in price.
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