AUD/CAD – 30M – SELL

The combination Australian Dollar/Canadian Dollar (AUD/CAD) moves from the descending trendline downwards

A continuation of the bearish trend down to the next support level at 0.97539 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.98054 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The currency pair is likely to fall.

Additionally a ‘Two Crows’ candle pattern is found. The candles show ‘Two Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.98054 – 0.97992 – 0.97505 – 0.97539 – 0.97285 – 0.97222 —
0.97952 – 0.98016 —
60.710155743155 – 59.799250674669 —
– —
0.98054 – 1777654800

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Two Crows – – – – – – – – –