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gpuri

Loonie bounced off from Support & 0.382 FIB Retracement

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
gpuri  
FX:USDCAD   U.S. Dollar / Canadian Dollar
USD (US Dollar) loonie
0
0
usd-us-dollar loonie
Loonie bounced off from long term support level and 0.382 FIB at 1.0645 handle. Once it reaches 0.236 FIB (1.0885) level it could retrace towards the bottom of the channel and 0.5 FIB level. Look for RSI overbought condition for confirmation.

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gpuri
USDCAD Key Resistances @ 0.382 Fib and 0.618 Fib Extension
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