AUD/CAD – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Current target is 0.920265 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.91871 could happen.
Consider stop-loss settings accordingly.
Additionally a ‘Northern Doji’ candlestick pattern is found. The chart shows ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.92564 |
| Next High | 0.91871 |
| Current Price | 0.91749 |
| Next Low | 0.91489 |
| 2nd Low | 0.91475 |
| 3rd Low | 0.91457 |
0.91871 – 0.92564 – 0.92384 – 0.91489 – 0.91631 – 0.92157 —
0.91787 – 0.91757 —
55.774938415218 – 48.047405950602 —
– —
0.91871 – 1765170000
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Northern Doji – – – – – – – – –