USDCAD approaching resistance, potential drop!

27 ธ.ค. 2018

USDCAD is approaching our first resistance at 1.3742 (horizontal swing high resistance, 100% fiboancci extension, 61.8% fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 1.3367 (horizontal pullback support, 100% fiboancci extesnion, 38.2% fibonacci retracement).
Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop in price.
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