AUD/CAD – 30M – SELL

The combination Australian Dollar/Canadian Dollar (AUD/CAD) goes from the descending trendline downwards

A continuation of the bearish trend down to the next support level at 0.94618 is considered certain.

Caution: A possible trend reversal in the direction of the resistance level at 0.96202 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair is likely to fall.

And also a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 0.94618 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the support level at 0.96202 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

0.96202 – 0.96345 – 0.96614 – 0.94618 – 0.95278 – 0.95533 —
0.95106 – 0.95113 —
50.284269072204 – 53.372569502121 —
– —
0.96202 – 1772787600

Trading Signals: FOREX – AUD – AUD/CAD – CAD – – – – – – – – – –