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FX.co ★ USD/CAD bouncing off 1st support, more upside expected!

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Forex Analysis:::2020-04-08T09:00:46

USD/CAD bouncing off 1st support, more upside expected!

USD/CAD bouncing off 1st support, more upside expected!

Trading Recommendation

Entry: 1.4071

Reason for Entry: Horizontal overlap support, 38.2% Fibonacci retracement

Take Profit : 1.4254

Reason for Take Profit: Horizontal swing high resistance, 76.4% Fibonacci retracement

Stop Loss:1.37321

Reason for Stop loss: Horizontal swing low support

Analyst InstaForex
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