Buy EUR/CAD at bottom of channelEuro/Canadian DollarFX:EURCADForexExpats1EUR/CAD has been correcting for a month now and is now approaching the bottom of a channel around 1.6120. This area also has good previous support which pushed the price up several times before. Is this a good time to buy? Buy Limit : 1.6120 bottom of channel Stop : 1.6027 under good support Profit : 1.6400 previous resistance Risk 1 : 3 / Stop is 93 pips