AUD/CAD – 1H – SELL

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

A continuation of the downward movement downwards to the next support level at 0.92979 is certain.

Caution: A possible trend reversal in the direction of the resistance zone at 0.93369 could happen.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘%K crosses below %D’ indicator layout is discovered. The indicator is ‘%K crosses below %D’. this is usually a bearish chart signal. The pair is likely to go down.

0.93369 – 0.93196 – 0.93203 – 0.92979 – 0.92778 – 0.92611 —
0.93168 – 0.93240 —
54.667970316517 – 54.609530772594 —
– —
0.93369 – 1768899600

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