AUD/CAD – 30M – BUY

The currency pair Australian Dollar/Canadian Dollar (AUD/CAD) moves from the bullish trendline up.

A continuation of the upward movement up to the next resistance line at 0.97397 is considered certain.

Caution: A possible trend reversal in the direction of the support level at 0.9658 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘StochRSI %K crosses above 0.2’ indicator signal is existing. The indicator is ‘StochRSI %K crosses above 0.2’. which could be a positive chart scenario. The pair is likely to go up.

And also a ‘Bullish Belt Hold’ candle pattern is discovered. The chart forms ‘Bullish Belt Hold’. 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 chance of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

0.97397 – 0.97267 – 0.96164 – 0.9658 – 0.96331 – 0.95905 —
0.97283 – 0.97142 —
66.227218328292 – 50.636312856863 —
– —
0.97397 – 1773214200

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Bullish Belt Hold – – – – – – – – –