FxWirePro: AUD/CAD upside halts at 50-DMA, further upside only on close above

• AUD/CAD extends grind higher after break of 200-DMA at 0.9820.
   
• Upside in the pair currently pausing at 50-DMA at 0.9858, close above could see further upside.
   
• Momentum still with the bulls. RSI in neutral territory holds strength at 60 levels.
   
• MACD line shows trend remains higher. We see weakness only on close below 200-DMA.
   
• Support levels -  0.9850 (5-DMA), 0.9820 (200-DMA), 0.98, 0.9784 (23.6% Fib of 1.0397 to 0.9595 fall)
   
• Resistance levels - 0.9901 (38.2% Fib), 0.9939 (Dec 5th high), 0.9950 (Sept 8th high)
   

Call Update: Our previous call (http://www.econotimes.com/FxWirePro-AUD-CAD-on-track-to-test-50-DMA-at-09885-good-to-go-long-on-dips-487643) is progressing well.
 

Recommendation: Hold for upside. 
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FxWirePro Currency Strength Index: FxWirePro's Hourly AUD Spot Index was at 59.7117 (Slightly bullish), while Hourly CAD Spot Index was at -50.8645 (Neutral) at 0930 GMT. For more details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.