AUD/CAD – 30M – BUY

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

An ascent up to the next resistance level at 0.96678 is certain.

Caution: A possible reversal of the trend in the direction of support at could occur.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart scenario. The currency pair could go up.

In addition a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair could go up.

In addition a ‘Bearish SBS White Lines’ candlestick pattern is detected. The chart forms ‘Bearish SBS White Lines’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).

0.96678 – 0.96512 – 0.96571 – 0.96185 – 0.96151 – 0.96317 —
0.96624 – 0.96499 —
60.35180493118 – 43.166798916762 —
– —
0.96678 – 1771362000

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Bearish SBS White Lines – – – – – – – – –