USDCAD- 24Mar2022

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USDCAD- 24Mar2022

On the H4, price is still at confluence Fib support around 1.25440. It is oversold and due for a short term bounce. With H4 Stochastic indicating negative bullish divergence , we could expect USDCAD to have a short-term bounce to at least 1st Resistance at 1.26310.

This is for personal record purposes only, not financial advise or solicitation of trade.

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