USDCAD Testing Support, Potential For A Bounce!
USDCAD is testing its support at 1.3124 (61.8% & 23.6% Fibonacci retracement, horizontal overlap support) where we expect price to bounce up to its resistance at 1.3345 (horizontal swing high resistance).
Stochastic (55, 5, 3) is approaching its support at 3.4% where a corresponding bounce could occur.
Stochastic (55, 5, 3) is approaching its support at 3.4% where a corresponding bounce 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.