USDCAD Long Idea

Updated
Lovely UCAD formation. After bouncing for a third time on the lower marked stong
Support zone, it gives me confirmation for a possible third touch of the descending
trendline above.

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Note
Price reversed to form a double bottom and confirmed the rise of UCAD. I entered the trade upon the retest of level 1.39400, and target 1 has been reached.
Chart PatternsTrend AnalysisWave Analysis

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