Buy USD/CAD – 30M – BUY

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair could go down.

Furthermore a ‘Three Outside Down’ chart pattern is detected. The candles show ‘Three Outside Down’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 1.38225
2nd High 1.3815
Next High 1.3776
Current Price 1.37623
Next Low
2nd Low
3rd Low

1.3776 – 1.3815 – 1.37475 – 1.37448 – 1.37 – 1.37042 —
1.37657 – 1.37698 —
46.644446246863 – 54.398655796687 —
– —
1.37760 – 1767666600

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