AUD/CAD – 30M – BUY

The currency pair Australian Dollar/Canadian Dollar (AUD/CAD) jumps from the descending trendline upwards

An ascending movement upwards to the next resistance at 0.97911 is likely expected.

Caution: A possible trend reversal in the direction of the support zone at 0.97582 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The currency pair is likely to rise.

There is also a ‘StochOSC Bullish Divergence’ indicator signal is discovered. The indicator shows ‘StochOSC Bullish Divergence’. this is usually a bullish signal. The currency pair is likely to rise.

There is also a ‘MACD-Hist Bullish Divergence’ indicator signal is discovered. The indicator shows ‘MACD-Hist Bullish Divergence’. this is usually a bullish signal. The currency pair is likely to rise.

There is also a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which is often a bullish chart signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Current target is 0.97723 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of resistance at 0.97911 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

0.97911 – 0.9793 – 0.97943 – 0.97582 – 0.97661 – 0.97471 —
0.97759 – 0.97636 —
48.134083382787 – 33.293180635278 —
– —
0.97911 – 1776915000

Trading Signals: FOREX – AUD – AUD/CAD – CAD – – Rising Wedge Chart Pattern – – – – – – – –