USD/CAD – 30M – BUY

The pair US Dollar/Canadian Dollar (USD/CAD) breaks through the bearish trendline upwards

The bullish trend upwards to the next resistance line at 1.41047 is certain.

Caution: A possible reversal of the trend in the direction of support at 1.40675 should always be considered.
Consider stop-loss settings accordingly.

Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Furthermore a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. this is usually a bullish signal. The currency pair could go up.

Furthermore a ‘Northern Doji’ candlestick pattern is found. The candles form ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

1.41047 – 1.41246 – 1.41185 – 1.40675 – 1.40892 – 1.41026 —
1.40835 – 1.40911 —
49.163783300377 – 46.558284433397 —
– —
1.41047 – 1764122400

Trading Signals: FOREX – USD – USD/CAD – CAD – Northern Doji – – – – – – – – –