AUD/CAD – 1H – BUYFurthermore a ‘Double top retreat up’ chart layout is discovered. The chart picture forms ‘Double top retreat up’. which is a bullish chart scenario. The pair is likely to go up.
Furthermore a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The pair is likely to go up.
Furthermore a ‘Northern Doji’ candlestick pattern is existing. The candles show ‘Northern Doji’. this is a bullish chart scenario. 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 | 0.89671 |
| 2nd High | 0.89608 |
| Next High | 0.89452 |
| Current Price | 0.89272 |
| Next Low | 0.89080 |
| 2nd Low | 0.88940 |
| 3rd Low | 0.87897 |
0.89452 – 0.89608 – 0.89306 – 0.89216 – 0.89080 – 0.88940
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Northern Doji – Double top retreat up