USDCAD Approaching Resistance, Potential Reversal
USDCAD is approaching its resistance at 1.3262 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap resistance) where it is expected to reverse down to its support at 1.3218 (horizontal swing low support, 61.8% fibonacci retracement).
Stochastic (34, 5, 3) is approaching its resistance at 97% where a corresponding reversal is expected.
Stochastic (34, 5, 3) is approaching its resistance at 97% where a corresponding reversal is expected.
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
Disclaimer
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.
Disclaimer
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.