The AUDCAD succeeded in confirming the bullish scenario by surpassing the barrier at 0.9255, recording clear gains by its rally towards 0.9345, besides providing bullish momentum by the main indicators will increase the efficiency of the bullish scenario, to expect recording extra gains by its rally towards 0.9400, to achieve 100.0%Fibonacci extension level.

 

The risk of changing the trend and begin the negative track, if the price declined sharply to settle below the main support at 0.9130.

 

The expected trading range for today is between 0.9260 and 0.9400

 

Trend forecast: Bullish