AUD/CAD – 30M – SELL

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

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

Caution: A possible change in the direction of resistance at 0.91095 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The currency pair is likely to fall.

Moreover a ‘Northern Doji’ candle chart pattern is found. The candles form ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. 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).

0.91095 – 0.90942 – 0.91277 – 0.9086 – 0.90775 – 0.90753 — 63.833543165924 – 57.744866992283 — 62.463313633257 – 54.900896554497 – 55.783379568206 – 57.84183652957

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Northern Doji – Double bottom chart pattern – –