The AUDCAD holds above the support – Analysis – 17-3-2023

Economies.com
2023-03-17 07:12AM UTC

The AUDCAD pair succeeded to hold above the key support 0.9085 to confirm keeping the domination of the bullish bias, forming some bullish waves to notice its fluctuation near 0.9195.

 

Also, the positive lean above the MA55 will increase the chances of gathering the positive momentum to increase the chances of surpassing the initial obstacle at 0.9220 followed by extending trades towards the positive stations near 0.9270 and 0.9310 levels.

 

The expected trading range for today is between 0.9150 and 0.9220

 

The expected trend for today: Bullish

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