FX.co - USD/CAD approaching support, potential bounce!

2020-01-29T04:13:53

Relevance until2020-01-30

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.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

Analytical expert

Dean Leo

FX.co ★ USD/CAD approaching support, potential bounce!