USDCAD H4 | Bullish reversal from 23.36% Fibo? for VANTAGE:USDCAD by VantageMarkets

USDCAD is falling towards a key support level and could potentially reverse from here. We could see price bounce up to our take profit target.

Entry: 1.36200

Why we like it:

There is an overlap support that aligns with the 23.6% Fibonacci retracement

Stop Loss: 1.35906

Why we like it:

There is an overlap support that aligns with the 38.2% Fibonacci retracement

Take Profit: 1.36676

Why we like it:

There is an overlap resistance

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