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FxWirePro

AUD/CAD Short Term Outlook

Long
Australian Dollar/Canadian Dollar (FX:AUDCAD)  
FxWirePro  
FX:AUDCAD   Australian Dollar/Canadian Dollar
0
0
AUD/CAD has broken short term resistance 0.9960 (Oct 15th high) and this confirms resumption of bull trend.
Any indicative break above 0.9960 would extend gain till 1.0025.
Major support is around 0.994. Any short term trend reversal only below 0.994.
On the downside break below will target 0.992.
recommendation: Buy AUD/CAD around 0.9952-55, SL 0.9940, Target 1.0025.
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