05.06.202008:17 USDCAD testing downside confirmation, further downside !

Exchange Rates 05.06.2020 analysis

Trading Recommendation

Entry:1.3525

Reason for Entry: 100% fibonacci extension

Take Profit :1.3316

Reason for Take Profit: 168% fibonacci extension

Stop Loss: 1.3695

Reason for Stop loss:

38% fibonacci retracement

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Performed by Dean Leo,
Analytical expert
InstaForex Group © 2007-2020
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