USDCAD is testing our 1st support where the 61.8% fib extension joins the 38.2% fib retracement. Price could bounce further from there towards 1st resistance where the horizontal swing high is. EMA is also showing signs of support.
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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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.