Buy AUD/CAD – 4H – BUY

The pair Australian Dollar/Canadian Dollar (AUD/CAD) goes from the bullish trendline up.

A continuation of the upward movement upwards to the next resistance level at 0.98679 will continue.

Caution: A possible change in the direction of the support level at 0.97471 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The currency pair is likely to rise.

Furthermore a ‘Three Line Strike – Bullish’ candlestick pattern is detected. The chart forms ‘Three Line Strike – Bullish’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Line Strike – Bullish’ going up is 83% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High
Next High 0.98679
Current Price 0.97696
Next Low 0.97471
2nd Low 0.97411
3rd Low 0.96835

0.98679 – 0.97994 – 0.9801 – 0.97471 – 0.97411 – 0.96835 —
0.97863 – 0.97721 —
43.424066955164 – 42.948046599377 —
– —
0.98679 – 1776312000

Trading Signals:

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