The AUDCAD pair faced strong negative pressures recently, to reinforce the domination of the bearish bias and notice its decline from 0.9700 barrier, to record the first negative target at 0.9500.
Note that the continuous negative signals coming by the technical indicators reinforces the continuation of the negativity, to keep waiting to reach 0.9385, while surpassing it might extend losses towards 0.9250 in the upcoming period.
The expected trading range for today is between 0.9570 and 0.9385
The expected trend for today: Bearish