AUD/CAD – 4H – SELL

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

A bearish trend down to the next support at 0.92573 is certain.

Caution: A possible counter-trend in the direction of the resistance zone at 0.93445 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Northern Doji’ candlestick pattern is discovered. The candles form ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.93445 – 0.91938 – 0.91863 – 0.92573 – 0.91336 – 0.91466 —
0.93075 – 0.93082 —
61.747861510548 – 57.679785514136 —
– —
0.93445 – 1767758400

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Northern Doji – Symmetrical Triangle Chart Pattern – – – – – – – –