Buy AUD/CAD – 30M – BUY

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

A continuation of the uptrend upwards to the next resistance line at 0.99146 is certain.

Caution: A possible change in the direction of the support level at 0.98323 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The pair is likely to go up.

And also a ‘Bullish Belt Hold’ candlestick pattern is detected. The candles show ‘Bullish Belt Hold’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

Support & Resistance Price Range*
3rd High 0.99372
2nd High 0.993
Next High 0.99146
Current Price 0.99034
Next Low 0.98323
2nd Low 0.982
3rd Low 0.97601

0.98923 – 0.98973 – 0.98578 – 0.98323 – 0.982 – 0.97601 —
0.98864 – 0.99046 —
61.682341866881 – 70.226650618409 —
– —
0.98923 – 1781505000

Trading Signals:

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