AUD/CAD – 1H – BUY

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

A continuation of the uptrend up to the next resistance line at 0.92376 is likely expected.

Caution: A possible reversal of the trend in the direction of the support zone at 0.91732 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘%K cross above 20’ indicator signal is detected. The indicator is ‘%K cross above 20’. which could be a positive chart scenario. The currency pair could go up.

0.91981 – 0.91893 – 0.91655 – 0.91732 – 0.91551 – 0.91313 —
0.92358 – 0.92350 —
76.452304948281 – 56.006571144265 —
– —
0.91981 – 1764745200

Trading Signals: FOREX – AUD – AUD/CAD – CAD – – Double bottom retreat down – – – – – – – –