USDCAD reacting below descending trendline resistance!

Trading Recommendation Entry: 1.40920 Reason for Entry: descending trendline resistance, 38.2% Fibonacci retracement Take Profit : 1.39588 Reason for Take Profit: 61.8% Fibonacci retracement Stop Loss: 1.41525 Reason for Stop loss: Graphical swing high The material has been provided by InstaForex Company – www.instaforex.com