USD/CAD reversing below key level now!

Source: Forex Analysis

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Trading Recommendation

Entry: 1.32704

Reason for Entry: 38.2% Fibonacci resistance, Horizontal Swing high

Take Profit : 1.32426

Reason for Take Profit: 50.00% Fibonacci retracement, Horizontal swing low

Stop Loss: 1.32946

Reason for Stop loss: 61.8% Fibonacci retracement

The material has been provided by InstaForex Company – www.instaforex.com