AUD/CAD – 1H – BUY

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

A continuation of the bullish trend up to the next resistance level at 0.92184 is considered certain.

Caution: A possible counter-trend in the direction of support at 0.91688 should be noted.
Consider stop-loss settings accordingly.

There is also a ‘%K crosses above %D’ indicator layout is existing. The indicator is ‘%K crosses above %D’. which is often a bullish chart scenario. The currency pair could go up.

There is also a ‘Northern Doji’ candle pattern is existing. The candles form ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. 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).

0.91996 – 0.91938 – 0.91837 – 0.91688 – 0.91336 – 0.91623 —
0.92534 – 0.92507 —
75.938839558995 – 55.628666404309 —
– —
0.91996 – 1767373200

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Northern Doji – Double bottom chart pattern – – – – – – – –