Buy USD/CAD – 30M – BUY

The currency pair US Dollar/Canadian Dollar (USD/CAD) breaks through the bearish trendline upwards

A bullish trend up to the next resistance level at 1.3977 is likely expected.

Caution: A possible change in the direction of the support line at 1.39251 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The pair is likely to go up.

Besides a ‘%K crosses above %D’ indicator signal is existing. The indicator shows ‘%K crosses above %D’. this is usually a bullish signal. The pair is likely to go up.

Besides a ‘%K crosses above %D’ indicator signal is existing. The indicator shows ‘%K crosses above %D’. this is usually a bullish signal. The pair is likely to go up.

Besides a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which could be a positive chart scenario. The pair is likely to go up.

Besides a ‘Northern Doji’ candlestick chart pattern is existing. The chart shows ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 1.40495
2nd High 1.40142
Next High 1.3977
Current Price 1.39597
Next Low 1.39251
2nd Low 1.38876
3rd Low 1.3885

1.3977 – 1.39691 – 1.40142 – 1.39251 – 1.39571 – 1.39403 —
1.39573 – 1.39544 —
50.96343147092 – 48.490625017858 —
– —
1.39770 – 1764860400

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