USDCAD Approaching Support, Prepare For A Further Rise

FX:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD approached its support at 1.3342(38.2% Fibonacci retracement , horizontal pullback support, 61.8% Fibonacci extension ) where it could potentially bounce to its resistance at 1.3465( horizontal swing high resistance).
Stochastic (89, 5, 3) is bounced off its support where a corresponding rise could occur.

Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.


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