Buy AUD/CAD – 30M – BUY

The pair Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the ascending trendline up.

A continuation of the uptrend up to the next resistance level at 0.98578 will continue.

Caution: A possible trend reversal in the direction of the support line at 0.98323 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which could be a positive chart signal. The currency pair could go up.

Furthermore a ‘Three White Soldiers’ candlestick pattern is found. The chart forms ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High 0.99146
2nd High 0.98598
Next High 0.98578
Current Price 0.98889
Next Low 0.98323
2nd Low 0.982
3rd Low 0.97601

0.98578 – 0.98498 – 0.97859 – 0.98323 – 0.982 – 0.97601 —
0.98532 – 0.98559 —
57.188022718653 – 58.656753285125 —
– —
0.98578 – 1781265600

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