USD/CAD – 1H – SELL

The currency pair US Dollar/Canadian Dollar (USD/CAD) goes from the bearish trendline downwards

A continuation of the bearish trend downwards to the next support line at 1.37852 will persist.

Caution: A possible change in the direction of the resistance line at 1.38426 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Northern Doji’ candle pattern is discovered. The chart shows ‘Northern Doji’. which is a positive 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).

1.38426 – 1.38426 – 1.39284 – 1.37852 – 1.38141 – 1.38593 —
1.38337 – 1.38255 —
53.968569966639 – 45.411655597552 —
– —
1.38426 – 1768993200

Trading Signals: FOREX – USD – USD/CAD – CAD – Northern Doji – – – – – – – – –