The pair Australian Dollar/Canadian Dollar (AUD/CAD) moves from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance line at 0.95999 is certain.
Caution: A possible change in the direction of the support level at 0.95664 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The currency pair is likely to rise.
Additionally a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The currency pair is likely to rise.
Additionally a ‘RSI Bullish Divergence’ indicator layout is detected. The indicator is ‘RSI Bullish Divergence’. this is usually a bullish chart signal. The currency pair is likely to rise.
Additionally a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which is often a bullish chart signal. The pair is likely to go up.
Additionally a ‘Three Outside Up’ candlestick chart pattern is found. The chart shows ‘Three Outside Up’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.96267 |
| Next High | 0.95999 |
| Current Price | 0.95863 |
| Next Low | 0.95664 |
| 2nd Low | 0.94644 |
| 3rd Low | 0.9445 |
0.95999 – 0.96267 – 0.96057 – 0.95664 – 0.95786 – 0.95753 —
0.95873 – 0.95807 —
50.332484696333 – 40.132736751707 —
– —
0.95999 – 1770737400
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Three Outside Up – Head and Shoulder chart pattern – – – – – – – –