AUD/CAD – 30M – BUY

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

A bullish trend upwards to the next resistance at 0.98433 is likely expected.

Caution: A possible reversal of the trend in the direction of the support line at 0.98221 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair could go up.

Additionally a ‘RSI Hidden Bullish Divergence’ indicator layout is found. The indicator shows ‘RSI Hidden Bullish Divergence’. this is usually a bullish chart signal. The currency pair could go up.

Additionally a ‘MACD Hidden Bullish Divergence’ indicator layout is found. The indicator shows ‘MACD Hidden Bullish Divergence’. which is often a bullish chart signal. The currency pair is likely to rise.

Additionally a ‘MACD-Hist Hidden Bullish Divergence’ indicator layout is found. The indicator shows ‘MACD-Hist Hidden Bullish Divergence’. this is usually a bullish chart signal. The currency pair could go up.

Additionally a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a positive chart signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.98433 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.98433 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

0.98282 – 0.98035 – 0.98184 – 0.98221 – 0.97945 – 0.97787 —
0.98448 – 0.98306 —
65.866419434689 – 45.813885476758 —
– —
0.98282 – 1784050200

Trading Signals: FOREX – AUD – AUD/CAD – CAD – – – – – – – – – –