USDCAD facing bullish pressure, potential for more upside!
USDCAD is facing bullish pressure from 1st support in line with 78.6% fibonacci retracement and 161.8% fibonacci extension. Prices might push up to 1st resistance which coincides with 61.8% fibonacci retracement and 100% fibonacci extension. Stochastics is also showing that it is facing bullish pressure as it is taking support from 1.78 level.
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