USDCAD Approaching Resistance, Potential For A Reversal!
USDCAD is approaching its resistance at 1.3084 (61.8% Fibonacci extension x2, 38.2% Fibonacci retracement, horizontal swing high resistance) where it could reverse down to its support at 1.2967 (50% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) is approaching its resistance at 95% where a corresponding reversal is expected.
Stochastic (55, 5, 3) is approaching its resistance at 95% where a corresponding reversal is expected.
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