USDCAD Potential For Bearish Drop
On the H4, with DIF is crossing below the signal line and the price is crossing over the ichimoku cloud, we have a bearish bias that the price may drop from the buy entry at 1.28353, which is in line with the 50% Fibonacci retracement to the take profit at 1.27667, which is in line with the swing low, 78.6% Fibonacci retracement and 61.8% Fibonacci projection. Alternatively, the price may rise to the stop loss at 1.29321, which is in line with the 38.2% Fibonacci retracement and swing high. #OPINIONLEADER#
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