USD/CAD Testing Support, Prepare For Bounce

USD/CAD Testing Support, Prepare For Bounce

USD/CAD is testing its support at 1.2960 (61.8% Fibonacci extension, 61.8%, 50%, 38.2% Fibonacci retracement, horizontal swing low support) where the price is expected to bounce up to its resistance at 1.3086 (61.8% Fibonacci retracement, horizontal swing high resistance). Stochastic (55, 5, 3) is testing its support at 3.7% where a corresponding bounce is expected. […]

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