US Dollar vs Canadian Dollar

Price action looks to be forming a bottom

Short term RSI has turned positive

Risk/Reward would be poor to call a buy from current levels

A move through 1.4250 will confirm the bullish momentum

The measured move target is 1.4350

Key Signal Parameters

Instrument
USDCAD
Signal Type
BUY LIMIT
Timeframe
4H
Entry Point
1.42250
Stop Loss
1.41750
Take Profit 1
1.43250
Take Profit 2
1.41750

Signal Breakdown with Key Levels