04.06.202004:10 USDCAD bouncing from 1st support, further upside!

Exchange Rates 04.06.2020 analysis

Trading Recommendation

Entry: 1.3482

Reason for Entry: 100% fibonacci extension

Take Profit :1.3733

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

Stop Loss: 1.3300

Reason for Stop loss: 161% fibonacci extension

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

Uitgevoerd door Dean Leo,
Analytische expert
InstaForex Group © 2007-2020
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