See also
There is a possibility of USD/CAD continuing its bullish bounce towards the 1st resistance level at 1.32744, which is an overlap resistance. The 2nd resistance is found at 1.33237, acting as an overlap resistance that aligns with the 61.80% Fibonacci Retracement.
On the downside, the 1st support level at 1.32391 is an overlap support that aligns with the 23.6% Fibonacci Retracement. Additionally, the 2nd support level at 1.31940 represents an overlap support that aligns with the 50.0% Fibonacci Retracement.
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*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
Useful links: My other articles are available in this section InstaForex course for beginners Popular Analytics Open trading account Important: The begginers in forex trading need to be very careful
Useful links: My other articles are available in this section InstaForex course for beginners Popular Analytics Open trading account Important: The begginers in forex trading need to be very careful
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