FxWirePro: AUD/CAD capped below 21-EMA, intraday bias bearish

AUD/CAD chart on Trading View used for analysis

• AUD/CAD down 0.16% on the day, at 0.9239 at the time of writing.
   
• Technical studies are bearish, we see scope for further weakness.
   
• Stochs and RSI are biased lower and RSI has fallen below 50 mark.
   
• Upside remains capped below 21-EMA at 0.9269, any further gains only on break above.
   
• On the flipside, we see weakness till 0.9105 (Oct 4th lows), further weakness on break below. 

Support levels - 0.9175 (Oct 24 low), 0.9105 (Oct 4 low)

Resistance levels - 0.9252 (5-DMA), 0.9269 (21-EMA)

For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.