There is a strong likelihood that the 📈USDCAD will experience a pullback from the support level.
This expectation is reinforced by the formation of a double bottom pattern on the 4-hour time frame, along with a breakout above the neckline of that pattern.
If this bullish momentum continues, the target for the upward movement is set at 1.3833.
This expectation is reinforced by the formation of a double bottom pattern on the 4-hour time frame, along with a breakout above the neckline of that pattern.
If this bullish momentum continues, the target for the upward movement is set at 1.3833.
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Disclaimer
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