USDCAD testing ascending trendline support!

analytics5e86df9e98627.jpg

Trading Recommendation

Entry: 1.40841

Reason for Entry: 61.8% Fibonacci retracement, Ascending trendline resistance.

Take Profit : 1.43489

Reason for Take Profit: 61.8% Fibonacci retracement, graphical swing high

Stop Loss: 1.39225

Reason for Stop loss: 61.8% Fibonacci extension

The material has been provided by InstaForex Company - www.instaforex.com