There is no change on the AUDCAD price due to its repeated stability within the bearish channel’s levels, depending on the stability of the main resistance at 0.9040.
And that makes us wait for gathering extra negative momentum, to ease the mission of forming new negative trading in order to reach 0.8945 then repeat the pressure on the initial support that is located near 0.8890.
The expected trading range for today is between 0.7425 and 0.7465
The expected trend for today: Bullish