USDCAD Double Bottom buy signal.
The USDCAD pair is making the initial rebound attempt after a Double Bottom on Support A (1.34875).
The 1day RSI made a Lower Low on the Channel Down bottom, which is an additional buy indicator.
Buy and target 1.36100, which is a little under the 0.618 Fibonacci level.
Previous chart:
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The 1day RSI made a Lower Low on the Channel Down bottom, which is an additional buy indicator.
Buy and target 1.36100, which is a little under the 0.618 Fibonacci level.
Previous chart:
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