AUD/CAD – 30M – BUY

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

A continuation of the bullish trend up to the next resistance line at 0.91258 is likely expected.

Caution: A possible reversal of the trend in the direction of the support level at 0.91115 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘%K crosses above %D’ indicator layout is detected. The indicator is ‘%K crosses above %D’. which is often a bullish signal. The pair is likely to go up.

Furthermore a ‘Northern Doji’ candlestick pattern is existing. The candles form ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.91258 – 0.91243 – 0.91141 – 0.91115 – 0.9084 – 0.90915 —
0.91538 – 0.91523 —
72.175651524143 – 56.762320279978 —
– —
0.91258 – 1764099000

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