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FX.co ★ USDCAD H4 I Potential bullish reversal?

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Forex Analysis:::2023-10-06T03:50:54

USDCAD H4 I Potential bullish reversal?

USDCAD H4 I Potential bullish reversal?

USD/CAD chart shows bearish momentum, potential drop to 1st support (1.3693, overlap support, 23.60% Fibonacci retracement) or 2nd support (1.3634, overlap support, 38.20% Fibonacci retracement). 1st resistance (1.3806) and 2nd resistance (1.3854) act as pullback resistances.

Analyst InstaForex
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