AUD/CAD – 30M – BUY

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

A continuation of the bullish trend upwards to the next resistance at 0.91312 is expected.

Caution: A possible trend reversal in the direction of support at 0.9084 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which could be a positive signal. The currency pair is likely to rise.

Furthermore a ‘Northern Doji’ chart pattern is found. The chart forms ‘Northern Doji’. this is a bullish signal. 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).

0.91258 – 0.91243 – 0.91141 – 0.9084 – 0.90915 – 0.90948 —
0.91235 – 0.91252 —
55.83778098883 – 59.34470236953 —
– —
0.91258 – 1764099000

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Northern Doji – Double top retreat up – – – – – – – –