USDCAD Approaching Support, Potential Bounce
USDCAD is approaching its support at 1.3203 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 1.3247 (38.2% Fibonacci retracement, horizontal pullback resistance).
Stochastic (55, 5, 3) is approaching its support at 1.44% where a corresponding bounce could occur.
Stochastic (55, 5, 3) is approaching its support at 1.44% where a corresponding bounce could occur.
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