Buy USD/CAD – 1H – BUY

Then 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.

Correction of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Current target is 1.38164628 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance zone at 1.38717 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Northern Doji’ chart pattern is existing. The chart shows ‘Northern Doji’. which is a bullish pattern signal. The 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 1.40142
2nd High 1.3977
Next High 1.38717
Current Price 1.38136
Next Low 1.37994
2nd Low 1.37685
3rd Low 1.37341

1.38717 – 1.38605 – 1.38574 – 1.38231 – 1.37994 – 1.39251 —
1.38378 – 1.37991 —
41.397027902048 – 32.694942493809 —
– —
1.38717 – 1765382400

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