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USDCAD approaching support, potential bounce!

Oleh ICmarkets
Broker
USDCAD is approaching its support at 1.3065 (38.2% Fibonacci retracement, 61.8% Fibonacci extension, horizontal overlap support) where a bounce could occur, causing price to rise to its resistance at 1.3262 (61.8% Fibonacci retracement, horizontal pullback resistance)
Stochastic (55, 5, 3) is approaching its support at 3.7% where corresponding bounce could occur.
CADChart PatternsForexforexsignalsHarmonic PatternsTrend AnalysisUSDUSDCADusdcadlong
ICmarkets
Broker
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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