FxWirePro: AUD/CAD holds above 0.99 handle, intraday bias higher

• AUD/CAD edged lower on Wednesday after facing rejection at  stiff resistance around 0.9978 levels.
   
• Downside in the pair has held above the 0.99 handle. Break below will see downside upto rising trendline support at 0.9860.
   
• Intraday bias is higher, Techs on weekly charts are also biased higher, we see scope for upside.
   
• Break above 0.9978 levels will see test of 1.0026 and then 1.0054 levels.
   
• We see major support at 0.9860 levels, violation there will see drag upto 0.9728 (38.2% Fib).
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Recommendation: Good to long on dips around 0.9930, SL: 0.99, TP: 0.9975/ 1.00