Buy USD/CAD – 30M – BUY

Also there is a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. this is usually a bearish signal. The currency pair could go down.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 1.35425554 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support zone at 1.35854 should be noted.
Consider stop-loss settings accordingly.

Also there is a ‘Matching Low’ chart pattern is existing. The candles show ‘Matching Low’. which is a bullish signal. The currency pair is likely to rise. 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 1.36063
2nd High 1.36013
Next High 1.35854
Current Price 1.35590
Next Low 1.35418
2nd Low 1.35252
3rd Low 1.35039

1.35854 – 1.36013 – 1.35809 – 1.35418 – 1.35599 – 1.35252 —
1.35844 – 1.35724 —
55.977380650163 – 44.605577780896 —
– —
1.35854 – 1773185400

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