AUD/CAD – 1H – SELL

Also there is a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair is likely to fall.

Also there is a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which could be a negative chart scenario. The currency pair could go down.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.97787 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of support at 0.98467 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Matching Low’ candle pattern is discovered. The candles form ‘Matching Low’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High 0.98581
2nd High 0.98517
Next High 0.98467
Current Price 0.97811
Next Low 0.97787
2nd Low 0.97648
3rd Low 0.97643

0.98467 – 0.98282 – 0.98517 – 0.98124 – 0.98151 – 0.97787 —
0.98275 – 0.98059 —
46.386887022704 – 34.453124293702 —
– —
0.98467 – 1784149200

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