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AUD/CAD Potential Downward Movement

AUD/CAD Long-Term Trend: Bearish

Key Resistance Levels: 0.9095, 0.9112, 0.9142

Key Support Levels: 0.9049, 0.9024, 0.8992

4-Hour Chart:

The price on the higher time frame has been in a downtrend for some time and did a pullback to the 0.9178 level and reversed. The pair has broken a support level of 0.9091 which suggests further trend continuation.

AUD/CAD Medium-Term Trend: Bearish

30-Minute Chart:

On the lower time frame, the pair is moving in the major trend’s direction. It broke a consolidation zone of 0.9142 and 0.9112 to the downside. As of now the pair has broken and retested a minor level of 0.9095 before continuing the momentum.

Signal Idea:

Sell Stop Order @ 0.9078

TP @ 0.9059

Stop Loss @ 0.9097

Trade Safely 🙂

About Vipul Rathaur

A trader with more than six years of experience, Vipul is a discretionary trader and uses multi time frame analysis for his analysis and price action for his trade signals. Believes that risk management is the secret to making it in this world. He trades major Forex pairs, Indices, and Commodities.


  1. Hi sir I am very interested to join VIP and following your signal. Can I know any discount for vip

  2. Hi Vipul,
    Manish here. I am following you on trade with Pat telegram. Can you trade in forex on behalf of me. We can discuss in detail if you are open for the same.


  3. The trade went successfully again

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