Buy AUD/CAD – 1H – BUY

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

The bullish trend up to the next resistance line at 0.98375 is expected.

Caution: A possible reversal of the trend in the direction of the support zone at 0.97815 could be enabled.
Consider stop-loss settings accordingly.

Moreover a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The pair is likely to go up.

Support & Resistance Price Range*
3rd High
2nd High
Next High 0.98375
Current Price 0.98136
Next Low 0.97815
2nd Low 0.97648
3rd Low 0.97643

0.98375 – 0.98153 – 0.98313 – 0.97815 – 0.97854 – 0.97872 —
0.98375 – 0.98156 —
64.005717339116 – 53.280457291296 —
0.98375 – 1783015200 —
– 1783015200

Trading Signals:

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