USD/CAD bounce in progress above support!

USD/CAD bounce in progress above support!

Trading Recommendation

Entry: 1.30425

\Reason for Entry:

50% and 38.2% Fibonacci retracement, graphical swing low

Take Profit : 1.30950

Reason for Take Profit: 161.80% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high

Stop Loss: 1.30052 Reason for Stop loss:

78.6% Fibonacci retracement

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