USDCAD Approached Support, Prepare For A Further Rise

USDCAD approached its support at 1.3380 (horizontal swing low support, 61.8% Fibonacci extension,38.2% Fibonacci retracement) where it could potentially bounce to its resistance at 1.3457(61.8% Fibonacci extension, horizontal swing high resistance).

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

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