AUD/CAD – 30M – BUY

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

A bullish trend up to the next resistance at 0.9326 will persist.

Caution: A possible counter-trend in the direction of the support level at 0.92979 should be noted.
Consider stop-loss settings accordingly.

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart scenario. The pair is likely to go up.

Then a ‘MACD crosses above signal’ indicator signal is detected. The indicator shows ‘MACD crosses above signal’. which could be a positive chart scenario. The pair is likely to go up.

Then a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. this is usually a bullish signal. The currency pair is likely to rise.

Then a ‘Northern Doji’ candle pattern is detected. The chart shows ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.9326 – 0.93369 – 0.93126 – 0.92979 – 0.93031 – 0.92778 —
0.93230 – 0.93166 —
60.345068335706 – 48.51994778634 —
– —
0.93260 – 1768932000

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