Buy AUD/CAD – 4H – BUY

Additionally a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bullish chart scenario. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Current target is 0.98679 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.98679 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Three White Soldiers’ candlestick pattern is existing. The candles show ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High
2nd High
Next High 0.98679
Current Price 0.98764
Next Low 0.97222
2nd Low 0.96835
3rd Low 0.95516

0.98062 – 0.98335 – 0.98679 – 0.97222 – 0.97453 – 0.97471 —
0.97659 – 0.98512 —
43.266261239676 – 66.635073470671 —
– —
0.98062 – 1777852800

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