USDCAD Bounced Off Support, Potential For A Further Rise
USDCAD bounced nicely off its support at 1.3470 (100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal swing low support, channel support) where it could potentially bounce to its resistance at 1.3562 (50% Fibonacci retracement, horizontal pullback resistance).
Stochastic (55, 5, 3) is bounced off its support at 1.9% where a corresponding rise could occur.
Stochastic (55, 5, 3) is bounced off its support at 1.9% where a corresponding rise could occur.
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