USDCAD bearish Cypher long Target

I feel if we can see a candle close below the previous support we could see a further drop to point C which is the next strong structure support, it will also take us into the oversold area of the RSI.

From here once I have confiramtion I will look to go long to point D of the Cypher

Kommentar:

So we had a candle come down and touch a couple of times point C I feel we will see a rise now unto point D