AUD/CAD – 1H – SELL

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

A continuation of the bearish trend downwards to the next support line at 0.97222 is expected.

Caution: A possible change in the direction of the resistance zone at 0.98335 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative signal. The pair is likely to go down.

Also there is a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair is likely to fall.

0.98335 – 0.97996 – 0.98039 – 0.97222 – 0.97717 – 0.97743 —
0.97407 – 0.97918 —
36.344839871391 – 64.562887400209 —
– —
0.98335 – 1777431600

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