USD/CAD – 1H – BUY

The combination US Dollar/Canadian Dollar (USD/CAD) breaks through the bearish trendline up.

The bullish trend up to the next resistance at 1.36191 is likely expected.

Caution: A possible change in the direction of the support zone at could occur.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair could go up.

And also a ‘Northern Doji’ chart pattern is found. The chart shows ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

1.36191 – 1.37104 – 1.36913 – 1.35499 – 1.35971 – 1.366 —
1.36221 – 1.36201 —
60.090600184956 – 47.653564956185 —
– —
1.36191 – 1777899600

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