AUD/CAD – 30M – BUY

Also there is a ‘Falling Wedge Chart Pattern’ chart formation is discovered. The formation shows ‘Falling Wedge Chart Pattern’. which is a positive chart scenario. The currency pair is likely to go up.

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

A bullish movement up to the next resistance at 0.88970 will persist.

Caution: A possible change in the direction of the support zone at 0.88543 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The currency pair could go up.

Also there is a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bullish chart scenario. The pair is likely to go up.

Also there is a ‘Northern Doji’ candle chart pattern is found. The chart shows ‘Northern Doji’. which 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).

0.88970 – 0.88961 – 0.89371 – 0.88543 – 0.88613 – 0.88789

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Northern Doji