Hello everyone,
A good opportunity has been detected on the USD/CAD pair.
After strong downward movement on the USD/CAD, the price
found support on an 88.6% Fibonacci retracement level, bounced
and is currently correcting to the upside.
We are expecting the price to reach approximately the 1.3490
price level, where we have a 23.6 Fibonacci retracement level,
an inside resistance point, as well as the 100 Moving Average and
the 200 Moving Average.
A good opportunity has been detected on the USD/CAD pair.
After strong downward movement on the USD/CAD, the price
found support on an 88.6% Fibonacci retracement level, bounced
and is currently correcting to the upside.
We are expecting the price to reach approximately the 1.3490
price level, where we have a 23.6 Fibonacci retracement level,
an inside resistance point, as well as the 100 Moving Average and
the 200 Moving Average.