USDCAD is testing both its support and resistance!
USDCAD tested its resistance at 1.2896 (61.8% Fibonacci retracement, horizontal overlap resistance) and intermediate support at 1.2814 (23.6% Fibonacci retracement, horizontal overlap support). If it breaks past this intermediate support, it could potentially fall to its support at 1.2642 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support).
Stochastic (89, 5, 3) is rising up to its 97% resistance where a potential reaction could occur.
Stochastic (89, 5, 3) is rising up to its 97% resistance where a potential reaction could occur.
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