AUD/CAD – 30M – BUY

The combination Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the descending trendline up.

An ascent upwards to the next resistance level at 0.89337 is considered certain.

Caution: A possible reversal of the trend in the direction of support at 0.89029 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The pair is likely to go up.

Also there is a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The currency pair is likely to rise.

0.89337 – 0.89289 – 0.89508 – 0.89029 – 0.89078 – 0.89466 — 55.504878062055 – 62.064965220681 — 51.272113969929 – 66.253992177127 – 65.064629072785 – 61.156972136182

Trading Signals: FOREX – AUD – AUD/CAD – CAD – – Triple bottom chart pattern – –