FX.co - USD/CAD reversing below resistance

21 February 2020 at 9:31AM (UTC+0)

Long-term review

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

Analytical expert

Dean Leo

FX.co ★ USD/CAD reversing below resistance