The combination Australian Dollar/Canadian Dollar (AUD/CAD) moves from the bullish trendline downwards
A bearish trend downwards to the next support line at 0.96185 is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.96699 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The pair is likely to go down.
Furthermore a ‘StochRSI Hidden Bearish Divergence’ indicator signal is discovered. The indicator is ‘StochRSI Hidden Bearish Divergence’. which could be a negative chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.96979 |
| Next High | 0.96699 |
| Current Price | 0.96596 |
| Next Low | 0.96185 |
| 2nd Low | 0.96151 |
| 3rd Low | 0.95664 |
0.96699 – 0.96678 – 0.96571 – 0.96185 – 0.96151 – 0.96317 —
0.96534 – 0.96758 —
42.542917779993 – 63.645896107883 —
– —
0.96699 – 1771412400
Trading Signals: FOREX – AUD – AUD/CAD – CAD – – – – – – – – – –