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USDCAD is testing both its support and resistance!

Por ICmarkets
Corretora
USDCAD tested its resistance at 1.2896 (61.8% Fibonacci retracement, horizontal overlap resistance) and intermediate support at 1.2814 (23.6% Fibonacci retracement, horizontal overlap support). If it breaks past this intermediate support, it could potentially fall to its support at 1.2642 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support).
Stochastic (89, 5, 3) is rising up to its 97% resistance where a potential reaction could occur.
Bitcoin (Cryptocurrency)bitcoinforecastCADChart PatternsForexforexsignalsHarmonic PatternsTrend AnalysisUSDUSDCADusdcadshort
ICmarkets
Corretora
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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