“¢ The pair reversed a mid-European session dip to the 1.3400 neighbourhood and is currently placed at over two-week tops, coinciding with 61.8% Fibo. level of the 1.3664-1.3086 recent downfall. “¢ Given last week’s solid bounce from a short-term resistance break-point-turned-support, bullish oscillators on the daily chart support prospects for an extension of the positive momentum. “¢ A sustained move beyond the 1.3440 region will further reinforce the constructive set-up and lift the pair beyond monthly swing highs towards reclaiming the key 1.3500 psychological mark. “¢ Hence, any meaningful pull-back might now be seen as a buying opportunity and should help limit the downside near 50% Fibo. level, around the 1.3070-65 region. USD/CAD Daily chart FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Brexit: No final decision on MV3 tomorrow – ITV FX Street 4 years "¢ The pair reversed a mid-European session dip to the 1.3400 neighbourhood and is currently placed at over two-week tops, coinciding with 61.8% Fibo. level of the 1.3664-1.3086 recent downfall. "¢ Given last week's solid bounce from a short-term resistance break-point-turned-support, bullish oscillators on the daily chart support prospects for an extension of the positive momentum. "¢ A sustained move beyond the 1.3440 region will further reinforce the constructive set-up and lift the pair beyond monthly swing highs towards reclaiming the key 1.3500 psychological mark. "¢ Hence, any meaningful pull-back might now… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
