FX.co ★ NZDCAD D1: Double Bottom

The Double Bottom pattern has been formed on NZDCAD D1; the upper boundary is 0.8429; the lower boundary is 0.8278. The width of the pattern is 145 points. In case of a break of the upper boundary 0.8429, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.