USD/CAD testing upside confirmation, potential bounce!

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Trading Recommendation

Entry: 1.4165

Reason for Entry: horizontal swing high, 38.2% fibonacci retracement

Take Profit :1.4292

Reason for Take Profit: 100% Fibonacci extension , 50% fibonacci retracement

Stop Loss: 1.3996

Reason for Stop loss: 61.8% fibonacci retracement

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