1940 views
USDCAD is approaching our first support at 1.3224 (23.6%, 76.4% fibonacci retracement , 100% fiboancci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 1.3381 (horizontal swing high resistance, 76.4% fiboancci retracement, 100% Fibonacci extension ).
Stochastic (21,5,3) is approaching support and we might see a corresponding rise in price should it bounce off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Stochastic (21,5,3) is approaching support and we might see a corresponding rise in price should it bounce off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Guys, get more real-time updates on our trading ideas here : https://t.me/tickmillroom
This analysis is provided as general market commentary and does not constitute investment advice.
This analysis is provided as general market commentary and does not constitute investment advice.
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