AUD/CAD – 30M – BUY

The currency pair Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the ascending trendline upwards

A continuation of the bullish trend up to the next resistance at 0.92184 is likely expected.

Caution: A possible reversal of the trend in the direction of the support line at 0.91688 could happen.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Northern Doji’ candle chart pattern is found. The chart shows ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.9196 – 0.91996 – 0.91968 – 0.91688 – 0.91682 – 0.91437 —
0.92061 – 0.92132 —
63.351792522524 – 69.19090634267 —
– —
0.91960 – 1767394800

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Northern Doji – – – – – – – – –