AUD/CAD – 30M – SELL

The combination Australian Dollar/Canadian Dollar (AUD/CAD) goes from the ascending trendline down.

A bearish descent downwards to the next support at 0.91115 is considered certain.

Caution: A possible counter-trend in the direction of resistance at 0.91258 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘%K fall below 80’ indicator signal is found. The indicator shows ‘%K fall below 80’. which could be a negative chart scenario. The currency pair could go down.

There is also a ‘Matching Low’ candlestick chart pattern is discovered. The candles form ‘Matching Low’. 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 ‘Matching Low’ heading up is 61% (Bull & Bear Market).

0.91258 – 0.91243 – 0.91141 – 0.91115 – 0.9084 – 0.90915 —
0.91547 – 0.91587 —
69.719152840353 – 63.574366988805 —
– —
0.91258 – 1764099000

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