Description :
USDCAD bounce above support expected.
Entry: 1.32120
Why it's good : Horizontal graphical resistance, 50% Fibonacci retracement, Elliot Wave 4 target
Take Profit : 1.3290
Why it's good: 61.8% Fibonacci retracement, 100% Fibonacci extension, Horizontal graphical support and Elliot Wave 5 target.Stop Loss: 1.31920Why it's good: 61.8% Fibonacci retracement, Horizontal graphical overlap The material has been provided by InstaForex Company - www.instaforex.com