AUD/CAD – 1H – BUY

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

An ascending movement upwards to the next resistance level at 0.96657 will persist.

Caution: A possible reversal of the trend in the direction of the support zone at 0.96074 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The currency pair could go up.

Also there is a ‘Northern Doji’ candlestick chart pattern is detected. The candles form ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.96542 – 0.96256 – 0.96268 – 0.96074 – 0.95894 – 0.95516 —
0.96321 – 0.96591 —
53.017153194168 – 58.447350867103 —
– —
0.96542 – 1775476800

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Northern Doji – Symmetrical Triangle Chart Pattern – – – – – – – –