AUD/CAD – 30M – SELLThe currency pair Australian Dollar/Canadian Dollar (AUD/CAD) moves from the descending trendline downwards
A continuation of the downward movement down to the next support line at 0.94444 is certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.95145 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair could go down.
Also there is a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which is often a bearish chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.95896 |
| 2nd High | 0.95605 |
| Next High | 0.95145 |
| Current Price | 0.94484 |
| Next Low | 0.94444 |
| 2nd Low | 0.94255 |
| 3rd Low | 0.94232 |
0.95145 – 0.95605 – 0.95896 – 0.94444 – 0.9452 – 0.9511 —
0.94671 – 0.94698 —
37.186701543116 – 46.19929550957 —
– —
0.95145 – 1769733000
Trading Signals: FOREX – AUD – AUD/CAD – CAD – – Double bottom retreat down – – – – – – – –