AUD/CAD – 30M – BUY

Next a ‘Double bottom chart pattern’ chart formation is found. The formation shows ‘Double bottom chart pattern’. this is a bullish chart scenario. The currency pair is likely to go up.

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

An ascent upwards to the next resistance at 0.9492 is considered certain.

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

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart scenario. The currency pair could go up.

Next a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The currency pair could go up.

0.9492 – 0.94991 – 0.95145 – 0.9445 – 0.94416 – 0.94428 —
0.94969 – 0.94947 —
55.995509281425 – 57.576527540012 —
– —
0.94920 – 1770003000

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