AUDCAD

AUDCAD - In a currency pair exhibiting a continued upward trend and a favorable outlook for long positions, it is anticipated that any pullbacks will be limited due to underlying factors. The main support level in the trend band during pullbacks is at 0.9180, while intraday pullbacks see support at 0.9271 - 0.9252. On the upside, levels of 0.9298 - 0.9317 are identified as potential points for profit taking and serve as resistance. It is considered risky to assess short positions in this pair.