Sell AUD/CAD – 30M – SELL

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

A continuation of the bearish trend down to the next support at 0.98767 is expected.

Caution: A possible trend reversal in the direction of the resistance line at 0.98939 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The currency pair is likely to fall.

Besides a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. this is usually a bearish signal. The currency pair is likely to fall.

Support & Resistance Price Range*
3rd High 0.99146
2nd High 0.99078
Next High 0.98939
Current Price 0.98880
Next Low 0.98767
2nd Low 0.98691
3rd Low 0.98323

0.98939 – 0.99078 – 0.98963 – 0.98767 – 0.98774 – 0.98691 —
0.98871 – 0.98905 —
50.036232320768 – 56.956547397486 —
– —
0.98939 – 1781668800

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