USDCAD Approaching Resistance, Potential For A Reversal
USDCAD is approaching its resistance at 1.2977(61.8% Fibonacci extension, 61.8% & 50% Fibonacci retracement, horizontal overlap resistance) where it could reverse down to its support at 1.2977 (50% Fibonacci retracement, horizontal overlap support).
Stochastic (89, 5, 3) is approaching its resistance at 99% where a corresponding reversal could occur.
Stochastic (89, 5, 3) is approaching its resistance at 99% where a corresponding reversal could occur.
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