The (AUDUSD) price reinforced its gains in its last intraday trading, preparing to reach the current resistance level at 0.6580, this resistance was our target in our previous analysis, taking advantage of the dynamic support that is represented by its trading above EMA50, besides the emergence of the positive signals on the relative strength indicators, despite reaching overbought levels, amid the dominance of minor bullish wave on the short-term basis, indicating the strength and volume of the bullish momentum around the pair.
The (USDCAD) price continued its decline in its last intraday trading, amid the dominance of bearish corrective wave on the short-term basis with its trading alongside steep bearish trend line that indicates the volume of bearish momentum, especially with its trading below EMA50, besides the emergence of the negative signals on the relative strength indicators, despite reaching oversold levels.