FxWirePro: AUD/CAD finds strong resistance at 0.9915 levels, break above could see further upside

• Aussie bulls buyoed by RBA's upbeat Financial Stability Review and renewed risk-on sentiment triggered by positive China data.
   
• FSR noted that the Australian financial system remains in good shape and “overall household resilience remains sound, supported by jobs growth and low rates.”
   
• The Chinese macro updates came in positive, with the GDP figures meeting expectations, while the industrial production, retail sales and fixed asset data outpacing estimates.
   
• AUD/CAD is trading by session highs at 0.9901, with scope for further upside.
   
• The pair finds strong resistance at 0.9915 levels, break above could see test of 0.9930 and the 0.9965.
   
• Our previous call (http://www.econotimes.com/FxWirePro-AUD-CAD-breaks-strong-resistance-at-09825-good-to-buy-dips-194657) has hit all targets.
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Recommendation: Book partial profits, raise stops to 0.9864, target 0.9930/0.9965