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USDCAD Approaching Resistance, Potential Reversal

Por ICmarkets
Corretora
USDCAD is approaching its resistance at 1.3262 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap resistance) where it is expected to reverse down to its support at 1.3218 (horizontal swing low support, 61.8% fibonacci retracement).
Stochastic (34, 5, 3) is approaching its resistance at 97% where a corresponding reversal is expected.
CADChart PatternsForexforexsignalforextradingHarmonic PatternsTrend AnalysisUSDUSDCADusdcadlongusdcadshort
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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