The AUDCAD pair still stable within the bearish channel, affected by the stability of 0.9090 resistance, in order to start the negative attack in the upcoming period.
We notice stochastic attempt to provide the negative momentum, to force the price to hold below 50% Fibonacci correction level at 0.9040 to target the main stations at 0.8965 and 0.8895.
The expected trading range for today is between 0.9040 and 0.8965
The expected trend for today: Bearish