FX.co ★ USD/CAD remains bullish above strong support

The price has reached our buying level perfectly. We remain bullish, looking to buy above 1.3503 support (Fibonacci retracement, Fibonacci extension, horizontal overlap support, Elliott wave theory) for a push up to 1.3641 resistance (Fibonacci retracement, horizontal overlap resistance).

RSI (34) sees strong horizontal support above our 36% level.

Buy above 1.3503. Set stop loss at 1.3419 and take profit at 1.3641.