AUD/CAD – 30M – SELL

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

A continuation of the bearish trend down to the next support at 0.90948 is likely expected.

Caution: A possible counter-trend in the direction of the resistance level at 0.91139 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘MACD crosses below signal’ indicator layout is discovered. The indicator is ‘MACD crosses below signal’. which is often a bearish chart signal. The pair is likely to go down.

Additionally a ‘Northern Doji’ candlestick pattern is detected. The chart forms ‘Northern Doji’. which is a bullish 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’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.91139 – 0.90954 – 0.91312 – 0.90948 – 0.90554 – 0.90732 —
0.91084 – 0.91096 —
61.111517271502 – 59.454711866737 —
– —
0.91139 – 1763946000

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