FX_IDC:USDCAD   U.S. Dollar / Canadian Dollar
4
We can see price has tested that key level of support again - sort of like a double bottom. It is possible price may retest that descending trendline again thereby giving an opportunity to go long and grab a cool 160+ pips. I'm keeping my eyes open to see how the next candles playout. Also, you can check RSI at the moment and you will realize it is in oversold area.

Lets see how it plays out
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