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USDCAD bouncing from 1st support, further upside!

analytics5ed5cdcdd9476.jpg

Trading Recommendation

Entry:1.3512

Reason for Entry: 100% fibonacci extension

Take Profit :1.3728

Reason for Take Profit: Horizontal swing high resistance, 38.2% fibonacci retracement

Stop Loss: 1.3420

Reason for Stop loss: 127% fibonacci extension

The material has been provided by InstaForex Company - www.instaforex.com