Klimex

USDCAD approaching support, potential bounce!

Largo
FX:USDCAD   Dólar estadounidense/Dólar canadiense
USDCAD is approaching our first support at 1.3316(23.6%, horizontal overlap support) and a strong bounce might occur below this level pushing price up to our major resistance at 1.3367 (100% Fibonacci extension ,38.2% Fibonacci retracement ).
RSI (21) is also approaching support and we might see a corresponding bounce in price should it bounce off this level.
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