AUD/CAD – 30M – BUY

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

The bullish trend upwards to the next resistance at 0.97976 is likely expected.

Caution: A possible counter-trend in the direction of the support level at 0.97789 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘StochRSI %K crosses above 0.2’ indicator layout is detected. The indicator shows ‘StochRSI %K crosses above 0.2’. which is often a bullish chart scenario. The currency pair could go up.

Also there is a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which is often a bullish signal. The pair is likely to go up.

0.97976 – 0.98111 – 0.98078 – 0.97789 – 0.97819 – 0.97411 —
0.97899 – 0.97818 —
44.62905890999 – 39.592193314018 —
– —
0.97976 – 1776726000

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