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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TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
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TELEGRAM: t.me/thecryptagon
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.