Sell AUD/CAD – 30M – SELL

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

A continuation of the bearish trend down to the next support line at 0.96151 is expected.

Caution: A possible counter-trend in the direction of the resistance zone at 0.96571 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 0.96194572 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support level at 0.96571 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance Price Range*
3rd High 0.96979
2nd High 0.96607
Next High 0.96571
Current Price 0.96377
Next Low 0.96151
2nd Low 0.96056
3rd Low 0.95981

0.96571 – 0.96607 – 0.96979 – 0.96151 – 0.96317 – 0.96056 —
0.96376 – 0.96495 —
48.249205182864 – 61.118338722804 —
– —
0.96571 – 1771254000

Trading Signals:

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