USDCAD holding above ascending trendline support and 1st support at 1.31453. With stochastics testing support where price bounced in the past as well, a further push up towards 1st resistance at 1.31858 can be expected.
Trading Recommendation
Entry: 1.31453
Reason for Entry:
Ascending trendline support
Take Profit : 1.31858
Reason for Take Profit:
38.2% fib retracement
Stop Loss: 1.31054
Reason for Stop loss:
-27.2% fib retracement, 100% Fib extension
