AUD/CAD may rise 22 - 33 pips

0.9155 is our pivot point.

Our preference

Rebound towards 0.9215.

Alternative scenario

Below 0.9155, expect 0.9137 and 0.9125.

Comment

The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 0.9184 and 0.9197).

Supports and resistances

0.9238 **

0.9226 *

0.9215 **

0.9204

0.9182 last

0.9162

0.9155 **

0.9137 *

0.9125 **

Number of asterisks represents the strength of support and resistance levels.