AUD/CAD – 1H – BUY

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

A continuation of the uptrend up to the next resistance line at 0.91996 is certain.

Caution: A possible change in the direction of the support zone at 0.91688 is within the realm of possibility.
Consider stop-loss settings accordingly.

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

0.91996 – 0.91938 – 0.91837 – 0.91688 – 0.91336 – 0.91623 —
0.92061 – 0.92424 —
61.390961057748 – 73.322992232389 —
– —
0.91996 – 1767373200

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