AUD/CAD – 30M – SELL

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

A continuation of the bearish trend downwards to the next support level at 0.98235 is likely expected.

Caution: A possible counter-trend in the direction of the resistance level at 0.98524 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which could be a negative signal. The currency pair is likely to fall.

Besides a ‘Two Crows’ candle chart pattern is found. The chart forms ‘Two Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

0.98524 – 0.98729 – 0.98533 – 0.98235 – 0.98369 – 0.97718 —
0.98447 – 0.98588 —
48.68058588199 – 64.314507875179 —
– —
0.98524 – 1779438600

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