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AUD/CAD Remains in Uptrend

AUD/CAD Remains in Uptrend

Thomas Long, Course Instructor

The AUD/CAD remains in a uptrend off of the June lows. The buying pressure may have slowed in the last couple of days but the series of higher highs and higher lows has remained intact. I would continue to look for buying opportunities as long as the pair remains above the .9900 level noted on the chart.

AUDCAD_body_72817d1290520119-trend-day-audcad-1123.png, AUD/CAD Remains in Uptrend

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.