The currency pair Australian Dollar/Canadian Dollar (AUD/CAD) goes from the ascending trendline down.
The bearish trend downwards to the next support level at 0 is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0 should be noted.
Consider stop-loss settings accordingly.
Then a ‘%K crosses below %D’ indicator signal is discovered. The indicator is ‘%K crosses below %D’. which could be a negative chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0 |
| 2nd High | 0 |
| Next High | 0 |
| Current Price | 0.91095 |
| Next Low | 0 |
| 2nd Low | 0 |
| 3rd Low | 0 |
0.91843 – 0.91665 – 0.91671 – 0.91339 – 0.91353 – 0.91389 —
0.91380 – 0.91285 —
35.232157721968 – 41.447843105031 —
– —
0.91843 – 1763143200
Trading Signals: FOREX – AUD – AUD/CAD – CAD – – Double bottom retreat down – – – –