AUD/CAD – 30M – SELL

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

A continuation of the downward movement down to the next support at is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.95605 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.94649 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of support at 0.95605 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

0.95605 – 0.95896 – 0.95248 – 0.9511 – 0.94649 – 0.94759 —
0.95338 – 0.94972 —
24.298523302396 – 40.748409016836 —
– —
0.95605 – 1769704200

Trading Signals: FOREX – AUD – AUD/CAD – CAD – – Head and Shoulder chart pattern – – – – – – – –