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FX.co ★ USDCAD below descending trendline resistance! Drop incoming!

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Forex Analysis:::2020-07-29T02:42:36

USDCAD below descending trendline resistance! Drop incoming!

USDCAD below descending trendline resistance! Drop incoming!

Trading Recommendation

Entry: 1.33872

Reason for Entry: Descending trendline resistance,61.8% Fibonacci retracement

Take Profit: 1.33491

Reason for Take Profit: Graphical swing low

Stop Loss: 1.34073

Reason for Stop Loss: Graphical swing high

Analyst InstaForex
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