USDCAD Reversed Off Resistance, Potential Drop!
USDCAD reversed off its resistance at 1.3494 (100% Fibonacci, 78.6% Fibonacci retracement, horizontal swing high resistance) where it rise to test again before dropping further to its support at 1.3449 (38.2% Fibonacci retracement).
Stochastic (55, 5, 3) reversed off near its resistance at 93% where a corresponding drop could occur.
Stochastic (55, 5, 3) reversed off near its resistance at 93% where a corresponding drop 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.