Buy EUR/CAD – 1H – BUY

Next a ‘Bullish Engulfing’ chart pattern is found. The candles form ‘Bullish Engulfing’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ heading up is 63%.

Support & Resistance Price Range*
3rd High
2nd High 1.50590
Next High 1.50179
Current Price 1.50159
Next Low 1.49090
2nd Low 1.48752
3rd Low 1.48347

Download EUR/CAD Signal Image

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