There is also a ‘Double bottom chart pattern’ chart layout is found. The formation shows ‘Double bottom chart pattern’. which is a positive pattern signal. The currency pair is likely to rise.
There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair could go up.
There is also a ‘Bullish Belt Hold’ candle chart pattern is found. The candles show ‘Bullish Belt Hold’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.38225 |
| 2nd High | 1.3815 |
| Next High | 1.3776 |
| Current Price | 1.37809 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.3776 – 1.3815 – 1.37475 – 1.37512 – 1.37448 – 1.37 —
1.37633 – 1.37708 —
48.442065841305 – 56.68390430639 —
– —
1.37760 – 1767666600
Trading Signals: FOREX – USD – USD/CAD – CAD – Bullish Belt Hold – Double bottom chart pattern – – – – – – – –