AUD/CAD ST : as long as 0.9020 is support look for 0.9437

Our pivot point is at 0.9020.

Our preference: as long as 0.9020 is support look for 0.9437

Alternative scenario: below 0.9020, expect 0.8880 and 0.8796.

Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.9149 and 0.9154).

Supports and resistances:

0.9605 **

0.9521 *

0.9437 **

0.9353

0.9156 last

0.9075

0.9020 **