Hey Traders, in the coming week we are monitoring AUDCAD for a buying opportunity around 0.91100 zone, AUDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.91100 support and resistance area.
We would also like to consider the positive correlation between stocks and AUDCAD, due to the bullish bias on indices AUDCAD has a decent tendency to rise.
Trade safe, Joe.