AUD/CAD – 30M – SELL

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

A continuation of the downward movement downwards to the next support at 0.95809 will persist.

Caution: A possible change in the direction of resistance at 0.96204 could occur.
Consider stop-loss settings accordingly.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The currency pair is likely to fall.

Also there is a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. this is usually a bearish signal. The currency pair could go down.

Also there is a ‘Southern Doji’ candlestick pattern is discovered. The chart shows ‘Southern Doji’. which 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).

0.96204 – 0.96694 – 0.96598 – 0.95809 – 0.95856 – 0.96363 —
0.96154 – 0.96308 —
51.402579154454 – 55.637407382694 —
– —
0.96204 – 1773631800

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