GlobalPrime
Long

USDCAD approaching support, potential bounce!

FX:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD is approaching our first support at 1.3289 (horizontal swing low support, 78.6% Fibonacci retracement , 61.8% Fibonacci extension ) where a strong bounce might occur above this level pushing price up to our major resistance at 1.3341 (horizontal swing high resistance, 50% Fibonacci retracement ).
Stochastic is also approaching support where we might see a corresponding bounce in price.
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Losses can exceed the initial investment so please ensure you fully understand the risks.
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Jamal92 Venusfx
@Venusfx, LOOOOOOOOOOOOOOOOOOOOOOL!
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Aplesca Jamal92
@Jamal92, nice :)
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