Chart of The Day 05-04-2016 USDCAD

Chart of The Day 05-04-2016 USDCAD

On the USDCAD chart we see a bounce from important 1.2430 level. This bounce will face heavy resistance at 61.8% Fibbo retracement level of the last swing lower around 1.3000.

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usdcad

 

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