AUD/CAD Under pressure at 0.97280

Denis Joeli Fatiaki Independent Analyst

The pair has fallen out of the bullish price channel after failing to hold above 0.97475 in the European/US session. AUD/CAD is currently trading at 0.97280 in the 60 minutes time frame just below a critical support price point at 0.97338. The pair could fall further to around 0.97082 if it fails to hold at .97280. AUD/CAD will need to hold above 0.97280 to get back up.

Author

Denis Joeli Fatiaki

Independent Analyst

Denis Joeli Fatiaki possesses over a decade of extensive experience as a multi-asset trader and Market Strategist.

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