The currency pair Australian Dollar/Canadian Dollar (AUD/CAD) jumps from the bearish trendline downwards
A continuation of the downward movement down to the next support line at 0.96089 is likely expected.
Caution: A possible change in the direction of resistance at 0.97611 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘StochOSC Hidden Bearish Divergence’ indicator layout is existing. The indicator shows ‘StochOSC Hidden Bearish Divergence’. Dieses ist oftmals ein bullisches chart scenario. Die Paarung wird wahrscheinlich steigen.
And also a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which is often a bearish signal. The currency pair is likely to fall.
And also a ‘Three Black Crows’ candle chart pattern is discovered. The chart shows ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.97611 |
| Current Price | 0.97255 |
| Next Low | 0.96089 |
| 2nd Low | 0.95809 |
| 3rd Low | 0.94618 |
0.97611 – 0.97483 – 0.96694 – 0.96089 – 0.96388 – 0.96473 —
0.96770 – 0.97377 —
49.474138437632 – 62.139971590622 —
– —
0.97611 – 1773824400
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Three Black Crows – – – – – – – – –