FX.co - USDCAD testing downside confirmation, potential drop!

30 July 2020 at 2:57AM (UTC+0)

Relevance until31 July 2020 at 2:57AM (UTC+0)

Trading Recommendation

Entry: 1.3319

Reason for Entry: 78.6% fib extension

Take Profit :1.3262

Reason for Take Profit: Horizontal swing low

Stop Loss:1.3401

Reason for Stop loss: Horizontal overlap resistance

*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 testing downside confirmation, potential drop!