AUD/CAD – 1H – BUY

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

A continuation of the bullish trend up to the next resistance at 0.91751 is expected.

Caution: A possible counter-trend in the direction of the support zone at 0.91313 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which is often a bullish signal. The pair is likely to go up.

There is also a ‘Bullish Belt Hold’ candle chart pattern is found. The chart forms ‘Bullish Belt Hold’. which is a positive chart scenario. The currency 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).

0.91655 – 0.91751 – 0.91721 – 0.91313 – 0.9084 – 0.90906 —
0.91715 – 0.91761 —
62.124979809292 – 60.41594552911 —
– —
0.91655 – 1764612000

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Bullish Belt Hold – Inverse Head and Shoulder chart pattern – – – – – – – –