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FX.co ★ USD/CAD reversing below resistance

USD/CAD reversing below resistance

USD/CAD reversing below resistance

Trading Recommendation

Entry: 1.32656

Reason for Entry: 78.6% Fibonacci retracement, Horizontal swing high

Take Profit : 1.32245

Reason for Take Profit: 78.6% Fibonacci retracement, 61.8% Fibonacci extension

Stop Loss: 1.32847

Reason for Stop loss: -27.2% Fibonacci retracement

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