Bullish Butterfly on $USDCAD H4 and D1

The loonie had reached its weekly range low at 1.25042 and formed a bullish Butterfly pattern. The price might move up from here or decline a bit more until it finds support near the 1.24083 area. It should retest where it broke out to the downside yesterday, with a target of 1.26202.
Harmonic Patterns

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