AUD/CAD chart on Trading View used for analysis
- AUD/CAD trades 0.40% higher on the day at 0.9293 at the time of writing.
- The pair has broken above 21-EMA at 0.9276 and we see scope for further upside.
- Aussie remains buoyed after upbeat unemployment data, which fell to the lowest since 2012.
- The pair is trading in a major bear trend and rejection at 21-EMA could see resumption of downside.
- That said, momentum is with the bulls on daily charts. Stochs and RSI are sharply higher.
- We also see bullish divergence on RSI and Stochs which adds to bullish bias.
- Decisive breakout at 21-EMA could see test of 23.6% Fib at 0.9373.
Support levels - 0.9276 (21-EMA), 0.9260 (5-DMA), 0.9223 (Oct 16 low), 0.9105 (Oct 4 low)
Resistance levels - 0.93, 0.9373 (23.6% Fib), 0.9390 (55-EMA), 0.9442 (cloud base)
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.


FxWirePro: AUD/USD cedes early gains ,outlook bearish
FxWirePro:EUR/NZD downtrend Intact, eyes 1.9500 level
FxWirePro: GBP/AUD consolidating around 1.9185, bias is bearish
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/ZAR gains as weak SA Manufacturing data hits rand
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD bears maintain upper hand
NZDJPY Bears Stay in Command: Sell Rallies at 92.72-75 Targeting 90 as All EMAs Flash Red
FxWirePro: USD/CNY downtrend loses steam, remains on bearish path
EUR/JPY Under Pressure: Broad Yen Buying Keeps Bears in Control Below 183.00
FxWirePro- Major Crypto levels and bias summary
DAX & CAC40 Score Perfect 100 Trend, FTSE100 Lags at 85 – Key Levels to Watch on the Perfect Scorers
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support 



