Sell USD/CAD – 1H – SELL

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair could go down.

Next a ‘Bearish Belt Hold’ candlestick chart pattern is existing. The candles show ‘Bearish Belt Hold’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).

Support & Resistance Price Range*
3rd High 1.40142
2nd High 1.3977
Next High 1.3945
Current Price 1.39076
Next Low
2nd Low
3rd Low

1.3945 – 1.38656 – 1.3785 – 1.36696 – 1.36993 – 1.37043 —
1.39418 – 1.39376 —
62.791490445759 – 41.440135928003 —
– —
1.3945 – 1774890000

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