Buy USD/CAD – 4H – BUY

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The currency pair could go down.

And also a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which is often a bearish signal. The currency pair is likely to fall.

And also a ‘Matching Low’ candle chart pattern is found. The chart shows ‘Matching Low’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High 1.40142
2nd High 1.38717
Next High 1.38054
Current Price 1.37562
Next Low 1.36421
2nd Low 1.35561
3rd Low 1.35395

1.38054 – 1.37977 – 1.38717 – 1.36421 – 1.37301 – 1.37994 —
1.37218 – 1.38150 —
58.739446045054 – 76.388976782126 —
– —
1.38054 – 1766174400

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