AUD/CAD – 30M – SELL

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

A bearish movement downwards to the next support level at 0.89061 is likely expected.

Caution: A possible counter-trend in the direction of the resistance level at 0.90110 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Northern Doji’ candle chart pattern is discovered. The candles show ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.90108 – 0.89302 – 0.89454 – 0.89061 – 0.88988 – 0.89009 — 65.825527509141 – 64.094113977238 — 2.6153088581277 – 2.6153088581277 – 2.5766197609186 – 2.1095122588803

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