AUDCAD

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#FOREX

2023-03-17 21:10:15

Recommendation Waiting for the market to correct and buying at low. The resistance is at price 0.94000 CAD and the lower support level is at price 0.90000 CAD.

The AUD/CAD pair gains strong follow-through traction for the second successive day on Friday and climbs to a nearly two-week high during the first half of the European session. The pair currently trades just above the 0.91700 round-figure mark and is drawing support from a combination of factors. Market is likely to go up for now.

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