USDCAD H4 | Potential bullish reversal?USDCAD is approaching a swing-low support; price could hit the buy entry at 1.30992 and potentially reverse to bounce higher.
Take profit is at 1.32233 which is a multi-swing-high resistance that aligns under the 50.0% Fibonacci retracement level.
Stop loss is at 1.30573 which is a support area that aligns with a confluence of 2 Fibonacci projection levels at 61.8%.
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