AUD/CAD – 30M – BUY

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

A bullish trend upwards to the next resistance level at 0.9492 will continue.

Caution: A possible trend reversal in the direction of the support level at could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The pair is likely to go up.

0.9492 – 0.94991 – 0.95145 – 0.94450 – 0.94416 – 0.94428 —
0.94569 – 0.94969 —
42.34370310345 – 55.995509210344 —
0.94450 – 1770021000 —
0.94920 – 1770003000

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