gpuri
Short

Loonie bounced off from Support & 0.382 FIB Retracement

FX:USDCAD   U.S. Dollar/Canadian Dollar
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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