Buy USD/CAD – 30M – BUY

The combination US Dollar/Canadian Dollar (USD/CAD) breaks through the ascending trendline up.

A continuation of the upward movement up to the next resistance at will continue.

Caution: A possible counter-trend in the direction of the support level at 1.39932 could be enabled.
Consider stop-loss settings accordingly.

Moreover a ‘Three White Soldiers’ candle chart pattern is existing. The chart shows ‘Three White Soldiers’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High
2nd High
Next High
Current Price 1.40608
Next Low 1.39932
2nd Low 1.39304
3rd Low 1.39249

Download USD/CAD Signal Image

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