AUD/CAD – 30M – SELL

The pair Australian Dollar/Canadian Dollar (AUD/CAD) jumps from the descending trendline downwards

A continuation of the downtrend downwards to the next support at 0.95197 is certain.

Caution: A possible trend reversal in the direction of the resistance zone at 0.95609 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Besides 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 signal. The currency pair is likely to fall.

Besides a ‘StochRSI Bearish Divergence’ indicator layout is discovered. The indicator shows ‘StochRSI Bearish Divergence’. which could be a negative signal. The currency pair is likely to fall.

Besides a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which is often a bearish chart scenario. The currency pair could go down.

Besides a ‘Three Black Crows’ candle pattern is existing. The candles form ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

0.95609 – 0.95718 – 0.96006 – 0.95197 – 0.95331 – 0.95726 —
0.95609 – 0.95535 —
51.970553357499 – 51.052340905598 —
0.95609 – 1770285600 —
– 1770285600

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Three Black Crows – Rising Wedge Chart Pattern – – – – – – – –