USD/CAD approaching support, potential bounce!

Trading Recommendation

Entry: 1.31472

Reason for Entry: 23.6% Fibonacci retracement, 78.6% Fibonacci extension

Take Profit : 1.31767

Reason for Take Profit: Horizontal pullback resistance, 50% Fibonacci retracement

Stop Loss: 1.31334

Reason for Stop loss: 38.2% Fibonacci retracement.