AUD/CAD – 1H – BUY

The combination Australian Dollar/Canadian Dollar (AUD/CAD) goes from the ascending trendline up.

A continuation of the upward movement up to the next resistance at 0.92384 will continue.

Caution: A possible reversal of the trend in the direction of the support level at 0.91732 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

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

Moreover a ‘%K cross above 20’ indicator layout is existing. The indicator is ‘%K cross above 20’. which is often a bullish signal. The pair is likely to go up.

Moreover a ‘Northern Doji’ candle pattern is detected. The candles show ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. 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).

0.92384 – 0.91981 – 0.91893 – 0.91732 – 0.91551 – 0.91313 —
0.92275 – 0.92228 —
53.820605407896 – 47.552239990761 —
– —
0.92384 – 1764842400

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