USDCAD Approaching Support, Prepare For A Bounce




USDCAD is approaching its support at 1.32492(100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 1.3339 (38.2% Fibonacci retracement, horizontal overlap resistance).


Stochastic (55, 5, 3) is approaching its support at2% where a corresponding bounce could occur.
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