AUD/CAD – 30M – BUY

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

An ascending movement upwards to the next resistance line at 0.96345 will persist.

Caution: A possible trend reversal in the direction of the support zone at 0.95533 could occur.
Consider stop-loss settings accordingly.

Also there is a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which could be a positive chart signal. The currency pair could go up.

Also there is a ‘Three Outside Up’ candle pattern is existing. The chart shows ‘Three Outside Up’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

0.96345 – 0.96614 – 0.96681 – 0.95533 – 0.95821 – 0.95641 —
0.95810 – 0.95860 —
42.274290697974 – 47.256760153398 —
– —
0.96345 – 1772708400

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Three Outside Up – – – – – – – – –