09.07.202009:02 Forex Analysis & Reviews: USDCAD reversing off 1st resistance, more downside!

Exchange Rates 09.07.2020 analysis

Trading Recommendation

Entry: 1.3523

Reason for Entry: Horizontal overlap resistance

Take Profit :1.3437

Reason for Take Profit: 61.8 fib extension

Stop Loss:1.3559

Reason for Stop loss: Horizontal swing high resistance

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

Dean Leo,
Analytical expert
InstaForex Group © 2007-2021
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