AUD/CAD – 30M – BUY

The combination Australian Dollar/Canadian Dollar (AUD/CAD) goes from the bullish trendline upwards

A continuation of the bullish trend up to the next resistance at 0.98939 is expected.

Caution: A possible reversal of the trend in the direction of support at 0.98774 is within the realm of possibility.
Consider stop-loss settings accordingly.

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The pair is likely to go up.

Moreover a ‘MACD Hidden Bullish Divergence’ indicator layout is existing. The indicator is ‘MACD Hidden Bullish Divergence’. which is often a bullish chart signal. The currency pair is likely to rise.

Moreover a ‘MACD-Hist Bullish Divergence’ indicator layout is existing. The indicator is ‘MACD-Hist Bullish Divergence’. this is usually a bullish chart signal. The pair is likely to go up.

Moreover a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a positive chart scenario. The currency pair is likely to rise.

Moreover a ‘Three Outside Up’ chart pattern is discovered. The chart shows ‘Three Outside Up’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

0.98939 – 0.99078 – 0.98963 – 0.98774 – 0.98691 – 0.98751 —
0.98907 – 0.98815 —
40.969884921755 – 30.721890405429 —
– —
0.98939 – 1781668800

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Three Outside Up – – – – – – – – –