AUD/CAD – 1H – BUY

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

A continuation of the upward movement up to the next resistance level at 0.97397 is likely expected.

Caution: A possible counter-trend in the direction of the support zone at 0.94618 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which could be a positive chart scenario. The currency pair could go up.

And also a ‘Three White Soldiers’ candlestick pattern is discovered. The chart shows ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.

0.97397 – 0.97267 – 0.96202 – 0.94618 – 0.95533 – 0.95641 —
0.97384 – 0.97229 —
68.72659172184 – 59.159014824054 —
– —
0.97397 – 1773212400

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Three White Soldiers – – – – – – – – –