Buy USD/CAD – 1H – BUY

Also there is a ‘Double bottom chart pattern’ chart formation is discovered. The chart shows ‘Double bottom chart pattern’. which is a positive pattern signal. The pair is likely to go up.

Also there is a ‘Northern Doji’ candlestick chart pattern is detected. The chart shows ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 1.38575
2nd High 1.38538
Next High 1.38418
Current Price 1.38276
Next Low 1.37685
2nd Low 1.37341
3rd Low 1.35665

1.38248 – 1.38418 – 1.38538 – 1.37685 – 1.37341 – 1.38258 — 64.338792163309 – 67.223291845185 — 66.413597733711 – 73.969782813975 – 66.990242367013 – 69.228202706956

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