USD/CAD approaching 1st support, potential bounce !

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Trading Recommendation

Entry: 1.3862

Reason for Entry: Horizontal swing low support , 78.6% fibonacci extension

Take Profit :1.40006

Reason for Take Profit: 38.2% fibonacci retracement, horizontal pullback resistance

Stop Loss: 1.4116

Reason for Stop loss: 100% fibonacci extension

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