The combination Australian Dollar/Canadian Dollar (AUD/CAD) jumps from the bearish trendline upwards
A bullish trend upwards to the next resistance line at 0.95609 is expected.
Caution: A possible trend reversal in the direction of support at 0.9445 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Then a ” indicator layout is discovered. The indicator is ”. this is usually a bullish signal. The currency pair is likely to rise.
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Then a ‘StochRSI %K crosses above 0.2’ indicator layout is discovered. The indicator is ‘StochRSI %K crosses above 0.2’. this is usually a bullish signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.96006 |
| 2nd High | 0.95718 |
| Next High | 0.95609 |
| Current Price | 0.94855 |
| Next Low | 0.9445 |
| 2nd Low | 0.94416 |
| 3rd Low | 0.94255 |
0.95609 – 0.95718 – 0.96006 – 0.94917 – 0.95197 – 0.95331 —
0.95278 – 0.94893 —
40.595539080667 – 26.107037531318 —
– —
0.95609 – 1770285600
Trading Signals: FOREX – AUD – AUD/CAD – CAD – – Rising Wedge Chart Pattern – – – – – – – –