AUD/CAD – 30M – BUY

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

A bullish movement up to the next resistance at 0.93081 will persist.

Caution: A possible trend reversal in the direction of the support level at 0.92778 is also possible.
Consider stop-loss settings accordingly.

Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The pair is likely to go up.

Then a ‘%K crosses above %D’ indicator signal is found. The indicator shows ‘%K crosses above %D’. this is usually a bullish signal. The pair is likely to go up.

Then a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. this is usually a bullish chart signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.931027 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.93081 is also possible.
Consider stop-loss settings accordingly.

Then a ‘Northern Doji’ candlestick chart pattern is discovered. The chart forms ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.93081 – 0.93196 – 0.93142 – 0.92778 – 0.92836 – 0.92979 —
0.93065 – 0.93003 —
54.721342045461 – 50.874261407925 —
– —
0.93081 – 1768595400

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