The AUDCAD pair formed strong bullish rally recently, taking advantage of its consolidation within the bullish channel, to notice recording the first target at 0.9980.
Stochastic reaches the overbought areas to increase the chances of gathering the required additional positive momentum to breach the current obstacle and increase the chances of reaching 1.0070 and 1.0127 levels.
The expected trading range for today is between 0.9915 and 1.0070
The expected trend for today: Bullish