- AUD/CAD has formed bullish gartley in hourly chart and is expected to reach 0.95660. The short term trend reversal only above 0.9750.
- On the upside minor resistance is around 0.9670 and any break above will extend gains till 0.9690/0.9730 in short term.
- The pair’s minor support is around 0.9620 and break below will drag the pair further down till 0.9560.
It is good to sell on rallies around 0.9685-90 with stop around 0.9750 for the target of 0.9570.
The material has been provided by InstaForex Company – www.instaforex.com