USDCAD Chart Technical Outlook drives higher in the AB leg
The cross-posted a double bottom formation at 1.3615. We have seen continued upward pressure. Although there has been mild selling at the European open, I would look for this dip to be bought. The prime resistance levels are located at 1.3685 and 1.3694.
It should be noted that the system trade setup would be to buy into the completion of the BC leg close to the support level of 1.3622.
