FX.co - USDCAD approaching 1st support, possible bounce!

2020-07-17T06:42:06

Relevance until2020-07-18

Trading Recommendation

Entry: 1.3588

Reason for Entry: The 61.8 fib extension and 78.6 fib retracement

Take Profit :1.3542

Reason for Take Profit: Horizontal overlap support

Stop Loss:1.3648

Reason for Stop loss: 100 fib extension and horizontal swing high

*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 ★ USDCAD approaching 1st support, possible bounce!