Buy USD/CAD – 30M – BUY

The currency pair US Dollar/Canadian Dollar (USD/CAD) breaks through the bearish trendline upwards

The bullish trend up to the next resistance line at 1.36733 is expected.

Caution: A possible change in the direction of the support zone at 1.36247 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The pair is likely to go up.

Besides a ‘MACD crosses above signal’ indicator signal is existing. The indicator shows ‘MACD crosses above signal’. which is often a bullish signal. The pair is likely to go up.

Besides a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The currency pair is likely to rise.

Besides a ‘Three Outside Up’ candle pattern is discovered. The candles form ‘Three Outside Up’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High 1.37122
2nd High 1.36844
Next High 1.36733
Current Price 1.36653
Next Low 1.36247
2nd Low 1.36031
3rd Low 1.35931

1.36733 – 1.36844 – 1.37122 – 1.36247 – 1.36619 – 1.36587 —
1.36801 – 1.36597 —
67.230038761912 – 51.950462379365 —
– —
1.36733 – 1772416800

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