USDCAD Bounced Off Support, Potential For A Further Rise
USDCAD bounced nicely off its support at 1.2969 (100% Fibonacci extension, 76.4% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 1.3010 (50% Fibonacci retracement, horizontal pullback resistance).
Stochastic (55, 5, 3) is bounced off its support at 3.5% where a corresponding rise could occur.
Stochastic (55, 5, 3) is bounced off its support at 3.5% where a corresponding rise could occur.
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