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USDCAD is approaching 1st support, possible bounce!

analytics5ef2b2cc73035.jpg

Trading Recommendation

Entry: 1.3490

Reason for Entry: 50% fib retracement ,78% fib extension

Take Profit :1.3616

Reason for Take Profit: Horizontal swing high

Stop Loss:1.3364

Reason for Stop loss: Horizontal swing low support

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