LONG USDCAD Approaching Support, Prepare For A Bounce
USDCAD is approaching its support at 1.32492(100% Fibonacci extension , 61.8% Fibonacci retracement , horizontal swing low support) where it could potentially bounce to its resistance at 1.3339 (38.2% Fibonacci retracement , horizontal overlap resistance).
Stochastic (55, 5, 3) is approaching its support at2% 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.
Stochastic (55, 5, 3) is approaching its support at2% 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.
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