AUD/CAD – 1H – BUY

The pair Australian Dollar/Canadian Dollar (AUD/CAD) moves from the bullish trendline upwards

A continuation of the upward movement up to the next resistance at 0.99355 will continue.

Caution: A possible change in the direction of the support level at 0.98913 is also possible.
Consider stop-loss settings accordingly.

Besides a ‘MACD crosses above signal’ indicator layout is detected. The indicator shows ‘MACD crosses above signal’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Besides a ‘Northern Doji’ candlestick pattern is detected. The candles show ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.99355 – 0.99251 – 0.99078 – 0.98913 – 0.98721 – 0.98767 —
0.99182 – 0.99181 —
50.645542413581 – 52.241979044535 —
– —
0.99355 – 1781802000

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Northern Doji – Symmetrical Triangle Chart Pattern – – – – – – – –