FX:USDCAD U.S. Dollar/Canadian Dollar
Price is currently entering a Daily , I am expecting buyers to come in at the 78.6% Fibonacci level where the lower of the could also come into play. The Daily 200 lies just beneath the and the 78.6% Fibonacci level. The 200% level (Aqua Blue Line) could also be worth keeping an eye on. Furthermore looking at and it would appear that price is currently oversold on the 1 hour time frame, whilst nearly reaching oversold levels on the 4 hour time frame.