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FX.co ★ USDCAD bounced off support, potential for a further rise!

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Forex Analysis

25 November 2020 at 10:45AM (UTC+0)
iconRelevance until26 November 2020 at 10:45AM (UTC+0)

USDCAD bounced off support, potential for a further rise!

USDCAD bounced off our support level, which lines up with our 38.2% Fibonacci retracement and 50% Fibonacci extension, where it could potentially rise further to 1.30291.

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