Buy AUD/CAD – 4H – BUY

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart scenario. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.99070624 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.99507 could occur.
Consider stop-loss settings accordingly.

Next a ‘Three White Soldiers’ candle chart pattern is detected. The candles show ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High
2nd High 0.9957
Next High 0.99507
Current Price 0.98839
Next Low
2nd Low
3rd Low

0.99507 – 0.99312 – 0.99116 – 0.97458 – 0.9784 – 0.98402 —
0.97977 – 0.98581 —
41.759814555292 – 60.643144064854 —
– —
0.99507 – 1780401600

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