FX.co ★ NZDCAD D1: Double Bottom

The Double Bottom pattern has formed on the NZDCAD D1 chart. Its upper boundary is at 0.8017, its lower boundary is at 0.7944, and its width is 69 points. A break above the upper boundary at 0.8017 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.