- AUD/CAD has broken range trade and price action has slipped into the daily cloud, hit session lows at 0.9788.
- Downside in the pair has found support by cloud base at 0.9787, breaks below will find next support at 0.97 (rising trendline).
- Resistance on the upside is located at 0.9864 (5-DMA) ahead of 0.9884 (cloud top).
- Momentum studies are bearish, 5-DMA bearish crossover on 10-DMA indicates near-term trend is lower.
- Recovery in crude oil prices likely to support the Loonie, while the main data event for the Aussie, CPI and PPI from China marginally missed expectations.
- We had advised a short in the pair from 0.9970/80 levels (http://www.econotimes.com/FxWirePro-AUD-CAD-rejected-at-10008-strong-trendline-resistance-good-to-sell-rallies-188570).
Recommendation: Book partial profits, lower trailing stops to 0.9865, target 0.9710


FxWirePro- Woodies pivot (Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD risks tilt further to the downside
FxWirePro: USD/ZAR edges higher after weak SA jobs and manufacturing data
NZDJPY Bullish at 365-EMA Support: Buy Dips Toward 95 Target
Major Pair Currency Score: GBPUSD and AUDUSD Extremely Bullish, NZDUSD Bullish
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD edges higher but bulls lack punch
FxWirePro- Major Crypto levels and bias summary
FxWirePro:' USD/CAD faces downside risk below 1.4000
FxWirePro: USD/CAD hits two-month low as oil prices rise
FxWirePro: USD/CNY hovers near 3-1/2-year low ahead of U.S. data
EURGBP Weakens After Doji – Bearish Bias Intact Below 0.8600, Sell Rallies
GBPJPY Surges on Yen Weakness – Bullish Dip Buy Eyes 217
FxWirePro:EUR/NZD gains slightly as ranges remain tight ahead U.S. inflation report
AUDJPY Holds Firm Above 112 on Broad Yen Weakness: Buy Dips Toward 115
FxWirePro: GBP/USD trades sideways as markets await U.S. inflation and UK GDP data 



