USDCAD approaching support, potential bounce!

USDCAD is approaching our first support level at 1.3052 (horizontal swing low support, 61.8% Fibonacci extension, 38.2% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 1.3208 (horizontal pullback resistance, 50% Fibonacci retracement).
Stochastic (55,5,3) is also approaching support where we might see a corresponding bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.