Buy EUR/CAD – 30M – BUY

In addition a ‘Inverse Head and Shoulder chart pattern’ chart formation is discovered. The chart forms ‘Inverse Head and Shoulder chart pattern’. which is a positive pattern signal. The currency pair is likely to rise.

In addition a ‘Northern Doji’ candle chart pattern is existing. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High
Next High 1.62247
Current Price 1.61932
Next Low 1.61154
2nd Low 1.60796
3rd Low 1.60647

1.62247 – 1.61528 – 1.61838 – 1.61154 – 1.61242 – 1.61342 — 52.90795487601 – 54.551193913547 — 20.829243519509 – 30.067864616537 – 17.220669857838 – 22.691442066073

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