Nicely overbought RSI in short period on all lower time frames, ok formed inverted cup on daily chart and near 0.5 fib retracement for a handle formation.
The jump was also supported by a double bottom formation.
Note: It was a confirmed downtrend, but with the CAD coming back strong a reversal may happen. For now, it will need almost immediate correction to all it's pairs in the next day or two.
enjoy.
The jump was also supported by a double bottom formation.
Note: It was a confirmed downtrend, but with the CAD coming back strong a reversal may happen. For now, it will need almost immediate correction to all it's pairs in the next day or two.
enjoy.