AUD/CAD – 1H – BUY

The pair Australian Dollar/Canadian Dollar (AUD/CAD) jumps from the bullish trendline up.

A continuation of the upward movement upwards to the next resistance level at 0.91312 is certain.

Caution: A possible counter-trend in the direction of the support level at 0.90732 could happen.
Consider stop-loss settings accordingly.

Next a ‘MACD crosses above signal’ indicator signal is discovered. The indicator shows ‘MACD crosses above signal’. this is usually a bullish chart signal. The currency pair is likely to rise.

Next a ‘MACD-Hist Bullish Divergence’ indicator signal is discovered. The indicator shows ‘MACD-Hist Bullish Divergence’. this is usually a bullish chart signal. The currency pair is likely to rise.

Next a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a positive chart signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.90913948 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.91312 could happen.
Consider stop-loss settings accordingly.

Next a ‘Northern Doji’ candle chart pattern is existing. The chart shows ‘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 chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.91312 – 0.91843 – 0.91665 – 0.90732 – 0.90661 – 0.90896 —
0.90853 – 0.90756 —
42.309807982676 – 39.056528424253 —
– —
0.91312 – 1763654400

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