Buy AUD/CAD – 1H – BUY

There is also a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which could be a positive chart scenario. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.95162 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.95896 could occur.
Consider stop-loss settings accordingly.

There is also a ‘Three Outside Up’ chart pattern is found. The chart forms ‘Three Outside Up’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High
Next High 0.95896
Current Price 0.94822
Next Low 0.94428
2nd Low 0.94255
3rd Low 0.92979

0.95896 – 0.95453 – 0.95092 – 0.94428 – 0.9452 – 0.94649 —
0.94882 – 0.94806 —
47.048061323038 – 46.871061058966 —
– —
0.95896 – 1769670000

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