AUD/CAD – 1H – BUY

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

An ascent up to the next resistance at 0.93203 is likely expected.

Caution: A possible counter-trend in the direction of the support zone at 0.92611 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘%K cross above 0.2’ indicator layout is detected. The indicator shows ‘%K cross above 0.2’. which could be a positive signal. The currency pair could go up.

Then a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which is often a bullish signal. The currency pair is likely to rise.

0.93203 – 0.93031 – 0.93211 – 0.92611 – 0.92699 – 0.92573 —
0.93117 – 0.93047 —
56.576556287415 – 42.293348652307 —
– —
0.93203 – 1768503600

Trading Signals: FOREX – AUD – AUD/CAD – CAD – – Double bottom chart pattern – – – – – – – –