AUD/CAD – 1H – BUY

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

A bullish trend upwards to the next resistance at 0.96678 will continue.

Caution: A possible trend reversal in the direction of the support zone at could happen.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The pair is likely to go up.

In addition a ‘Northern Doji’ chart pattern is existing. The chart shows ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.96678 – 0.96571 – 0.96979 – 0.96185 – 0.96151 – 0.96317 —
0.96678 – 0.96560 —
59.810813309594 – 48.423187983271 —
0.96678 – 1771362000 —
– 1771362000

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