AUD/CAD – 2H – SELL

The AUD/CAD pair on the 2H timeframe has triggered a confluence of bearish signals, including a Trendline Break Down, Double Top pattern, and multiple indicator retreats (DEMA, EMA, HT TRENDLINE). The BOP Zero Cross Down confirms selling pressure, while the WILLR OS Entry suggests oversold conditions that could still favor further downside. The trend is bearish across the 15m to 2H timeframes, with solid trend scores on lower timeframes supporting the sell signal. Key resistance at 0.98802 aligns with the broken trendline and double top neckline, while support at 0.98016 is the next downside target.

The alignment of bearish signals across candlestick, trendline, indicator, fibonacci, and chart_pattern groups strengthens the case for continued downside. The retreat from the lower Bollinger Band (BBANDS LOWER Retreat Up) indicates a failed bounce, reinforcing bearish momentum. However, higher timeframes (4H and above) show bullish or choppy trends, which could limit the downside. Traders should watch for a break below 0.98016 to confirm further declines or a reversal above 0.98802 to invalidate the bearish setup.