FX:USDCAD   U.S. Dollar / Canadian Dollar
USD/CAD is currently at a 5month low, with the use of RSI(21), price action showcases that there is price sensitivity/reversal whenever RSI(21) hits ~35.8 (This can be evidenced in the following graph which exemplifies that over of the course of the last 5-month whenever RSI(21) hits ~35.8 there has been a reversal). Furthermore, T/P - 1.3167 & S/L - 1.3014

Moreover, if USD/CAD breaks below 1.3014 this would mark a bearish confirmation due to a Triangle pattern breakout.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.