AUD/CAD – 30M – BUY

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

A bullish movement up to the next resistance line at 0.95609 is considered certain.

Caution: A possible trend reversal in the direction of the support zone at 0.94644 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Three White Soldiers’ candlestick pattern is existing. The chart shows ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.

0.95609 – 0.95718 – 0.96006 – 0.94644 – 0.94917 – 0.95197 —
0.94923 – 0.95075 —
30.054149117345 – 49.508228609648 —
– —
0.95609 – 1770285600

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Three White Soldiers – Double top retreat up – – – – – – – –