AUD/CAD – 1H – BUY

The combination Australian Dollar/Canadian Dollar (AUD/CAD) goes from the bullish trendline upwards

A continuation of the bullish trend up to the next resistance at 0.91312 is certain.

Caution: A possible change in the direction of the support level at 0.90732 could happen.
Consider stop-loss settings accordingly.

In addition a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair could go up.

In addition a ‘Bullish Engulfing’ candlestick pattern is existing. The candles show ‘Bullish Engulfing’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ going up is 63%.

0.91312 – 0.91843 – 0.91665 – 0.90732 – 0.90661 – 0.90896 —
0.90910 – 0.90867 —
46.611519683423 – 49.953761486991 —
– —
0.91312 – 1763654400

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