USDCAD Approaching Resistance, Potential Reversal!
USDCAD is approaching its resistance at 1.3367 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal swing high resistance) where it is expected to reverse down to its support at 1.3245 (50% Fibonacci retracement, horizontal pullback support).
Stochastic (89, 5, 3) is approaching its resistance at 98% where a corresponding reversal is expected.
Stochastic (89, 5, 3) is approaching its resistance at 98% where a corresponding reversal is expected.
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