I’m not so much of a bull on CAD with those recent reports, but this does look like a very obvious technical situation where you can long it and at least break even.

USDCAD 1 Hour

One thought on “CADJPY Double Bottom”

  1. Maryna says:

    Hey Daniel, this was on my trading plan posted for a sell and made 148p on the sell. Did you take the sell? Yep, it does look like double bottom on Daily chart, but weekly chart can still go down to 76.127 support, so be cautious before buying.

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