The AUD/CAD currency pair had broke and remained under one of its major supports at 0.9133 on the 1H graph, which is an indicator for bearish trend for the instrument.

Both technical indicators, RSI and MACD are confirming the outlook for the pair. In this case in the next few hours the price might try to test levels of 0.91 In the opposite scenario the price might try to climb back to levels of 0.915

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audAUDCADaudcadshortCADTechnical IndicatorsTrend Analysis

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