USD/CAD right on support, time to buy
Price is now testing our buying level and major support at 1.2664 (Fibonacci extension, Fibonacci retracement, horizontal swing low support) and we expect a bounce from this level up to at least 1.2844 resistance (Fibonacci retracement, horizontal overlap resistance, breakout resistance). Stochastic (34,5,3) is seeing strong support above 3.9% where we expect a corresponding bounce […]