AUD/CAD – 1H – SELL

Additionally a ‘Symmetrical Triangle Chart Pattern’ chart formation is found. The formation shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish signal. The currency pair is likely to fall.

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

A bearish trend downwards to the next support level at 0.95664 will continue.

Caution: A possible change in the direction of the resistance zone at 0.96571 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The currency pair could go down.

Additionally a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 0.9597434 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of support at 0.96571 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Southern Doji’ chart pattern is found. The candles form ‘Southern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

0.96571 – 0.96979 – 0.96955 – 0.96317 – 0.96516 – 0.95664 —
0.96469 – 0.96474 —
52.087339934885 – 46.514652687884 —
– —
0.96571 – 1771254000

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Southern Doji – Symmetrical Triangle Chart Pattern – – – – – – – –