Sell AUD/CAD – 30M – SELL

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

A continuation of the bearish trend downwards to the next support level at 0.97539 is certain.

Caution: A possible counter-trend in the direction of the resistance line at 0.9781 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

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

There is also a ‘Three Black Crows’ chart pattern is detected. The chart shows ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.9793
2nd High 0.97911
Next High 0.9781
Current Price 0.97620
Next Low 0.97539
2nd Low 0.97471
3rd Low 0.97411

0.9781 – 0.97911 – 0.9793 – 0.97539 – 0.97582 – 0.97661 —
0.97947 – 0.97689 —
64.772134353216 – 42.201188216424 —
– —
0.9781 – 1776942000

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