AUDCAD has been bullish for quite some time breaking it's resistance area of 0.9181. Recently, It showed a decent retracement and currently it is trading over support zone. Considering CAD rate decision coming this week and it's expected to see rate cut which can result in CAD weakness. We can look for buying opportunities in AUDCAD
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.