AUD/CAD – 30M – BUY

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

A continuation of the upward movement up to the next resistance at is considered certain.

Caution: A possible trend reversal in the direction of the support level at 0.93299 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘MACD crosses above signal’ indicator signal is discovered. The indicator is ‘MACD crosses above signal’. which is often a bullish signal. The currency pair is likely to rise.

Moreover a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bullish chart scenario. The currency pair could go up.

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

0.94109 – 0.93468 – 0.9324 – 0.93299 – 0.93095 – 0.92979 —
0.94044 – 0.94189 —
64.932207845904 – 67.701972379183 —
– —
0.94109 – 1769072400

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