The currency pair Australian Dollar/Canadian Dollar (AUD/CAD) goes from the bullish trendline downwards
A descending movement downwards to the next support at 0.91631 is likely expected.
Caution: A possible trend reversal in the direction of the resistance level at 0.91871 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ” indicator layout is existing. The indicator shows ”. which could be a negative signal. The pair is likely to go down.
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And also a ‘MACD crosses below signal’ indicator layout is existing. The indicator shows ‘MACD crosses below signal’. which could be a negative signal. The pair is likely to go down.
And also a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.92564 |
| Next High | 0.91871 |
| Current Price | 0.91632 |
| Next Low | 0.91631 |
| 2nd Low | 0.91551 |
| 3rd Low | 0.91475 |
0.91871 – 0.92564 – 0.92384 – 0.91631 – 0.92157 – 0.92184 —
0.91830 – 0.91742 —
38.677358069931 – 35.747904356465 —
– —
0.91871 – 1765170000
Trading Signals: FOREX – AUD – AUD/CAD – CAD – – Rising Wedge Chart Pattern – – – – – – – –