USDCAD Approaching Support, Prepare For A Bounce

USDCAD is approaching its resistance at 1.3464 (horizontal swing high resistance, 61.8% Fibonacci extension, 61.8 % Fibonacci retracement) where it could potentially drop to its support at 1.3340 (61.8% Fibonacci retracement, 61.8% Fibonacci extension, horizontal pullback support).

Stochastic (89, 5, 3) is approaching its support where a corresponding bounce could occur.

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