AUD/CAD – 30M – BUY

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

A continuation of the bullish trend up to the next resistance at is considered certain.

Caution: A possible trend reversal in the direction of the support level at 0.92157 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The pair is likely to go up.

Besides a ‘Northern Doji’ candle pattern is detected. The candles form ‘Northern Doji’. this is a bullish pattern signal. 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).

0.92384 – 0.91981 – 0.91893 – 0.92157 – 0.92184 – 0.91732 —
0.92362 – 0.92476 —
62.706600238632 – 58.894878245441 —
– —
0.92384 – 1764842400

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