USDCAD is approaching its resistance at 1.33759 (100% Fibonacci extension , 50% Fibonacci retracement , horizontal pullback resistance) where it could potentially drop to its support at 1.3346 (38.2% Fibonacci retracement ).
Stochastic (89, 5, 3) is approaching its resistance at 98% 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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