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USD/CAD reaching 1st support, potential bounce !

analytics5ecf1277e2f59.jpg

Trading Recommendation

Entry:1.3735

Reason for Entry: 127% fibonacci extension

Take Profit :1.3873

Reason for Take Profit: Horizontal swing high resistance, 38.2% fibonacci retracement

Stop Loss: 1.36443

Reason for Stop loss: 161.8% fibonacci extension

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