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AUD/CAD chart - Trading View
- AUD/CAD is trading 0.44% higher on the day at 0.9507 at 1150 GMT.
- The pair is capped at 200-DMA which is major reistance at 0.9519.
- RSI is above 50, bias higher. Stochs show bullish momentum and MACD supports further upside.
- The pair has edged above 110-EMA and breakout at 200-DMA could see gains till 0.9675.
- Retrace below 110-EMA and break below 55-EMA support could see downside.
Support levels - 0.6489 (110-EMA), 0.9466 (nearly converged 5-DMA and 55-EMA), 0.9386 (Mar 14 low)
Resistance levels - 0.9516 (200-DMA), 0.9580 (Jan 31 high), 0.9675 (trendline)
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
