AUD/CAD – 30M – BUY

The combination Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the bearish trendline upwards

An ascent up to the next resistance line at 0.9797 is likely expected.

Caution: A possible change in the direction of the support zone at 0.97498 could be enabled.
Consider stop-loss settings accordingly.

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

There is also a ‘Bullish Breakaway’ candlestick pattern is detected. The candles show ‘Bullish Breakaway’. 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 probability of ‘Bullish Breakaway’ heading up is 59% (Bull Market) & 71% (Bear Market).

0.9797 – 0.9781 – 0.97911 – 0.97498 – 0.97539 – 0.97582 —
0.97871 – 0.97682 —
52.288919071461 – 40.607993356799 —
– —
0.9797 – 1776974400

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