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USD/CAD: bullish 'Three Methods' pattern

USD/CAD: bullish 'Three Methods' pattern

Information is not investment advice

The market is still moving up above the Moving Averages. There's a bullish 'Three Methods' pattern, which has been confirmed. So, it's likely that the pair is going to test the closest resistance at 1.3563. If a pullback from this level happens next, bears will probably try to reach the nearest support at 1.3396.

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USD/CHF formed a “hammer” candlestick on the D1. The most recent price low wasn’t confirmed by the Awesome Oscillator on this timeframe.

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