USD/CAD Approaching Resistance, Prepare For Reversal
USD/CAD is approaching its resistance at 1.3372 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal swing high resistance) where it is expected to reverse down to its support at 1.3262 (61.8% Fibonacci retracement, horizontal overlap support).
Stochastic (55, 5, 3) is nearing its resistance at 97% where a corresponding reversal is anticipated. USD/CAD is approaching its resistance where we expect to see a reversal.
Sell below 1.3... Read More...
Jeff Wecker