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USDCAD Reversed Off Resistance, Potential Drop!

Oleh ICmarkets
Broker
USDCAD reversed off its resistance at 1.3098 (100% Fibonacci extension, 76.4% & 50% Fibonacci retracement, horizontal swing high resistance) where it is expected to drop further to its support at 1.3021 (38.2% Fibonacci retracement, horizontal overlap support).
Stochastic (55, 5, 3) reversed off its resistance at 95% where a corresponding drop is expected.
CADChart PatternsForexforexsignalsHarmonic PatternsTrend AnalysisUSDUSDCADusdcadshort
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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