USDCAD Bounced Off Support, Potential Rise!
USDCAD bounced off its support at 1.3037 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support) where it could potentially rise up to its resistance at 1.3257 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance).
Stochastic (55, 5, 3) bounced off its support at 2.9% where a corresponding rise could occur.
Stochastic (55, 5, 3) bounced off its support at 2.9% where a corresponding rise could occur.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.