AUD/CAD – 30M – SELL

The currency pair Australian Dollar/Canadian Dollar (AUD/CAD) moves from the descending trendline down.

A continuation of the downtrend downwards to the next support line at will persist.

Caution: A possible change in the direction of the resistance level at 0.90954 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative signal. The currency pair is likely to fall.

There is also a ‘MACD crosses below signal’ indicator signal is detected. The indicator is ‘MACD crosses below signal’. which could be a negative signal. The currency pair is likely to fall.

There is also a ‘Three Black Crows’ candlestick chart pattern is found. The chart forms ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

0.90954 – 0.91312 – 0.91176 – 0.90554 – 0.90732 – 0.90969 —
0.91027 – 0.91105 —
57.408548583915 – 61.812525621834 —
– —
0.90954 – 1763697600

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Three Black Crows – Double bottom retreat down – – – – – – – –