AUD/CAD – 30M – BUY

The combination Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the bearish trendline upwards

A bullish movement up to the next resistance level at 0.89452 is likely expected.

Caution: A possible change in the direction of the support line at 0.89216 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair could go up.

Also there is a ‘Northern Doji’ candlestick chart pattern is discovered. The candles show ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.89452 – 0.89608 – 0.89306 – 0.89216 – 0.89231 – 0.89227

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Northern Doji – Rising Wedge Chart Pattern