Sell USD/CAD – 1H – SELL

Then a ‘Bearish Engulfing’ candle chart pattern is discovered. The candles show ‘Bearish Engulfing’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ heading down is 79%.

Support & Resistance Price Range*
3rd High
2nd High 1.44669
Next High 1.44352
Current Price 1.43544
Next Low 1.43439
2nd Low 1.43043
3rd Low 1.42165

Download USD/CAD Signal Image

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