USD/CAD H4 I Bouncing off support level?
TitleUSD/CAD H4 I Bouncing off support level?TypeBullish BouncePreference:The price is falling toward our pivot point of 1.3576 which is a multi-swing low support level that close to the 78.6% Fibo projectionA bounce from this point could lead the price to rise to the 1st resistance at 1.3630, a pullback resistance.Alternative scenario:However, if the price breaks below the pivot, it might decline to the 1st support at 1.3522, an overlap support level.To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.
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