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U.S. Dollar / Canadian Dollar
Long

USDCAD is approaching support, potential bounce

By Tickmill
Broker
USDCAD is approaching our support level at 1.27909 in line with our 61.8% Fibonacci retracement, 127.2% Fibonacci extension and horizontal pullback support, where we could see a potential bounce towards our first resistance target. Stochastic is approaching support as well where we could see a bounce above this level.
Chart PatternsHarmonic PatternsTrend AnalysisUSDCADusdcadlongusdcadshort
Tickmill
Broker
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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