Gastunechi
Long

USDCAD POSSIBLE HIGHER MOVE

OANDA:USDCAD   U.S. Dollar / Canadian Dollar
The Pair is sitting at a major area at 1.32850 - 1.33150 zone which used to be a resistance and is now acting as support. The support zone is in alignment with a trend line joining previous highs and now supporting the pair. Plus, still in that zone, we have the 50% fib retracement (1.32988) of the bullish move from the lows at 1.31320 to the highs at 1.34650.

I expect the pair to move to previous highs at 1.34500 as TP1 and possibly move further to 1.35600 which correspond to fib 127.2% extension as TP2

Safe Trading !
Trade closed: stop reached
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