AUD/CAD – 1H – BUY

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

A bullish movement up to the next resistance at 0.92925 will persist.

Caution: A possible counter-trend in the direction of the support zone at 0.92653 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart scenario. The pair is likely to go up.

Moreover a ‘StochRSI Hidden Bullish Divergence’ indicator layout is existing. The indicator is ‘StochRSI Hidden Bullish Divergence’. which could be a positive chart scenario. The pair is likely to go up.

Moreover a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair could go up.

Moreover a ‘Northern Doji’ candle pattern is discovered. The candles form ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.92925 – 0.93223 – 0.93445 – 0.92653 – 0.92858 – 0.91688 —
0.92788 – 0.92877 —
32.9747845197 – 45.76979550854 —
– —
0.92925 – 1767920400

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