Buy USD/CAD – 1H – BUY

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair is likely to fall.

And also a ‘Northern Doji’ candlestick chart pattern is existing. The candles form ‘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 chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

And also a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Support & Resistance Price Range*
3rd High 1.39045
2nd High 1.38986
Next High 1.38922
Current Price 1.38330
Next Low 1.38079
2nd Low 1.37978
3rd Low 1.37927

1.38922 – 1.38921 – 1.38986 – 1.38079 – 1.38493 – 1.38396

Download USD/CAD Signal Image

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