Buy USD/CAD – 4H – BUY

Additionally a ‘Bullish Meeting Lines’ chart pattern is detected. The candles form ‘Bullish Meeting Lines’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Meeting Lines’ heading up is 56% (Bull Market) & 52% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High
Next High
Current Price 1.43103
Next Low 1.41193
2nd Low 1.40100
3rd Low 1.39802

Download USD/CAD Signal Image

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