AUD/CAD – 1H – BUY

The combination Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the ascending trendline upwards

A continuation of the bullish trend up to the next resistance line at 0.96247 will persist.

Caution: A possible trend reversal in the direction of support at 0.94644 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘MACD crosses above signal’ indicator layout is found. The indicator shows ‘MACD crosses above signal’. this is usually a bullish chart signal. The currency pair is likely to rise.

Besides a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which is often a bullish chart scenario. The currency pair is likely to rise.

Besides a ‘Three White Soldiers’ candle pattern is found. The chart shows ‘Three White Soldiers’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.

0.96103 – 0.96006 – 0.96247 – 0.94644 – 0.95197 – 0.95468 —
0.96036 – 0.96080 —
67.394405395659 – 59.825112176394 —
– —
0.96103 – 1770598800

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Three White Soldiers – Symmetrical Triangle Chart Pattern – – – – – – – –