USDCAD Approaching Resistance, Potential Reversal!
USDCAD is approaching its resistance at 1.3466(61.8% *2 Fibonacci extension, horizontal swing high resistance, bearish divergence) where it could reverse down to its support at 1.3355 (50% Fibonacci retracement, horizontal overlap support).
Stochastic (89, 5, 3) is approaching its resistance at 96% where a corresponding reversal is expected.
Stochastic (89, 5, 3) is approaching its resistance at 96% where a corresponding reversal is expected.
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