AUD/CAD – 30M – SELL

Furthermore a ‘Rising Wedge Chart Pattern’ chart pattern is detected. The chart picture forms ‘Rising Wedge Chart Pattern’. this is a bearish signal. The currency pair is likely to fall.

The combination Australian Dollar/Canadian Dollar (AUD/CAD) goes from the ascending trendline down.

The bearish trend downwards to the next support at 0.94232 will continue.

Caution: A possible trend reversal in the direction of the resistance line at could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘%K crosses below %D’ indicator signal is detected. The indicator shows ‘%K crosses below %D’. this is usually a bearish chart scenario. The pair is likely to go down.

0.94449 – 0.9434 – 0.94109 – 0.94232 – 0.93299 – 0.93095 —
0.94370 – 0.94490 —
63.246822221318 – 67.399671066192 —
– —
0.94449 – 1769137200

Trading Signals: FOREX – AUD – AUD/CAD – CAD – – Rising Wedge Chart Pattern – – – – – – – –