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Short

USDCAD Testing Resistance, Potential For A Reversal

FX:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD is testing its resistance at 1.3066 (61.8% Fibonacci extension , 61.8% Fibonacci retracement , horizontal swing high resistance) where it could reverse down to its support at 1.2999 (50% Fibonacci retracement , horizontal pullback support).
Stochastic (55, 5, 3) is approaching its resistance at 96%.
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Nice potential!
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Thank you for sharing your prospective with us!
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Love analysis... thanks!
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