AUD/CAD – 30M – BUY

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

A bullish ascent upwards to the next resistance level at 0.95609 is expected.

Caution: A possible counter-trend in the direction of support at 0.94917 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The currency pair is likely to fall.

And also a ‘Bearish SBS White Lines’ candlestick pattern is discovered. The chart shows ‘Bearish SBS White Lines’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).

0.95609 – 0.95718 – 0.96006 – 0.94917 – 0.95197 – 0.95331 —
0.94975 – 0.95117 —
28.06540812626 – 47.498719699544 —
– —
0.95609 – 1770285600

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Bearish SBS White Lines – – – – – – – – –