AUD/CAD – 4H – BUY

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

The bullish trend upwards to the next resistance level at 0.91751 is expected.

Caution: A possible trend reversal in the direction of the support level at 0.91313 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘MACD crosses above signal’ indicator layout is found. The indicator is ‘MACD crosses above signal’. this is usually a bullish chart scenario. The currency pair is likely to rise.

0.91751 – 0.91312 – 0.92044 – 0.91313 – 0.9084 – 0.90554 —
0.91570 – 0.91750 —
55.357915471514 – 64.192727208689 —
– —
0.91751 – 1764302400

Trading Signals: FOREX – AUD – AUD/CAD – CAD – – Inverse Head and Shoulder chart pattern – – – – – – – –