Buy AUD/CAD – 30M – BUY

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

A bullish trend upwards to the next resistance at 0.9793 is likely expected.

Caution: A possible trend reversal in the direction of support at 0.97661 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The currency pair is likely to rise.

Next a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bullish signal. The currency pair is likely to rise.

Support & Resistance Price Range*
3rd High 0.97975
2nd High 0.97943
Next High 0.9793
Current Price 0.97848
Next Low 0.97661
2nd Low 0.97471
3rd Low 0.97411

0.9793 – 0.97943 – 0.97975 – 0.97661 – 0.97471 – 0.97597 —
0.97875 – 0.97839 —
58.9841921591 – 52.994387364855 —
– —
0.9793 – 1776850200

Trading Signals:

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