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FX.co ★ USD/CAD pulled back right below key resistance!

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Forex Analysis:::2019-08-21T09:16:47

USD/CAD pulled back right below key resistance!

Price pulled back below resistance and drop is in progress.

Entry: 1.33060

Why it's good : 61.8% Fibonacci extension, 76.4% & 61.8% Fibonacci retracement, horizontal swing high resistance

Stop Loss : 1.33470

Why it's good : 61.8% Fibonacci extension

Take Profit : 1.32550

Why it's good: 61.8% Fibonacci extension, ascending trendline support

USD/CAD pulled back right below key resistance!

Analyst InstaForex
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