• AUD/CAD edges higher after taking major trendline support at 0.7390.
   
• RBA earlier today kept policy unchanged and the statement that followed had no implicit dovish bias.
   
• Demand for CAD remains well underpinned by the continuation of the rally in crude oil prices.
   
• Upside in the pair capped below 20-DMA at 0.9865. Break above could see gains upto 0.9932 (23.6% Fib).
   
• On the downside break below 0.9790 (major trendline support) could see downside upto 0.9722 (50% Fib).
   
• Major support levels - 0.9816 (38.2% Fib), 0.98, 0.9790 (trendline), 0.9761 (Aug 19 low).
   
• Major resistance levels - 0.9865 (20-DMA), 0.99, 0.9933 (23.6% Fib).