USDCAD facing bullish pressure, potential for more upside!
USDCAD is facing bullish pressure from 1st support which is also a horizontal pullback support and 61.8% fibonacci retracement. Prices might bounce to 1st resistance which coincides with horizontal swing high resistance, 61.8% fibonacci extension and 50% fibonacci extension. Stochastics is also showing that prices are taking support from the 6.79 level.
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