FX.co - USDCAD below descending trendline resistance! Drop incoming!

2020-07-29T02:42:36

Long-term review

Trading Recommendation

Entry: 1.33872

Reason for Entry: Descending trendline resistance,61.8% Fibonacci retracement

Take Profit: 1.33491

Reason for Take Profit: Graphical swing low

Stop Loss: 1.34073

Reason for Stop Loss: Graphical 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 below descending trendline resistance! Drop incoming!