Downside in the pair has found support by cloud base at 0.9787, breaks below will test next support at 0.97 (rising ).
Resistance on the upside is located at 0.9864 (5-DMA) ahead of 0.9884 (cloud top).
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.
Momentum studies are , 5-DMA crossover on 10-DMA indicates near-term trend is lower.
Good to sell rallies around 0.9810/20, SL: 0.9860, target 0.9710