USDCAD Bullish Harami 4-Hour Chart

Resistance: 0.9921 strong/0.9935 moderate/0.9955 minor Support: 0.9902 moderate/0.9888 minor/0.9868 minor Market bias for USDCAD is bearish with prices under a strong resistance level at 0.9921 the Pivot Point. Given that Bullish Harami is a low level bullish reversal pattern it is necessary to look for a close above the strong resistance first before taking action. Immediate objective when taking a buy should be a push for 0.9935 break of which opens 0.9955, a stop loss should be placed below

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USDCAD Bullish Harami 4-Hour Chart

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