Buy AUD/CAD – 30M – BUY

The currency pair Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the descending trendline upwards

A bullish movement up to the next resistance line at 0.89307 is expected.

Caution: A possible trend reversal in the direction of support at is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The pair is likely to go up.

Besides a ‘Northern Doji’ candle pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.89671
2nd High 0.89432
Next High 0.89307
Current Price 0.89140
Next Low
2nd Low
3rd Low

0.89307 – 0.89432 – 0.89671 – 0.88882 – 0.88897 – 0.88754

Download AUD/CAD Signal Image

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