Buy AUD/CAD – 4H – BUY

The pair Australian Dollar/Canadian Dollar (AUD/CAD) moves from the bearish trendline upwards

A bullish ascent up to the next resistance at 0.98062 is likely expected.

Caution: A possible change in the direction of the support line at 0.97222 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

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

Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.97533798 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance zone at 0.98062 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 0.98679
2nd High 0.98335
Next High 0.98062
Current Price 0.97562
Next Low 0.97222
2nd Low 0.96835
3rd Low 0.95516

0.98062 – 0.98335 – 0.98679 – 0.97222 – 0.97453 – 0.97471 —
0.98062 – 0.97666 —
56.113358311947 – 40.471132874067 —
0.98062 – 1777852800 —
– 1777852800

Trading Signals:

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