AUD/CAD – 1H – SELL

The combination moves from the ascending trendline down.

A descending movement down to the next support level at 0.92472 is expected.

Caution: A possible change in the direction of resistance at 0.93191 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 0.92472 at the Fibonacci level 0-Level. Caution: A possible change in the direction of support at 0.93191 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

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