USDCAD Approaching Resistance, Potential For A Reversal
USDCAD is approaching its resistance at 1.3372 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal swing high resistance) where it could reverse down to its support at 1.3262 (61.8% Fibonacci retracement, horizontal overlap support).
Stochastic (55, 5, 3) is approaching its resistance at 97% where a corresponding reversal could occur.
Stochastic (55, 5, 3) is approaching its resistance at 97% where a corresponding reversal could occur.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.