Buy AUD/CAD – 1H – BUY

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

The bullish trend upwards to the next resistance at 0.96542 will continue.

Caution: A possible trend reversal in the direction of the support level at could occur.
Consider stop-loss settings accordingly.

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair could go up.

In addition a ‘MACD crosses above signal’ indicator layout is detected. The indicator shows ‘MACD crosses above signal’. this is usually a bullish signal. The currency pair could go up.

Support & Resistance Price Range*
3rd High 0.96683
2nd High 0.96657
Next High 0.96542
Current Price 0.96309
Next Low
2nd Low
3rd Low

0.96542 – 0.96256 – 0.96268 – 0.95894 – 0.95516 – 0.95222 —
0.96226 – 0.96286 —
43.282964724833 – 52.957147022677 —
– —
0.96542 – 1775476800

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