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AUD/CAD chart on Trading View used for analysis
- AUD/CAD is extending sideways along 200-DMA, intraday bias is bullish.
- The pair has found support at 21-EMA and has edged higher from lows of 0.9514 to currently trade at 0.6541.
- Technical indicators on intraday charts are biased higher, break above 200-DMA could see further gains.
- Immediate support is seen at 21-EMA at 0.9525. Break below could see dip till cloud base.
- Violation at cloud base to see further weakness.
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
