The price pivot zone of 0.9468 is holding back sellers. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator showed an exit from the oversold zone. A breakout of the resistance level of 0.9512 will result in the formation of an ascending pattern of 1-2-3.
AUDCAD rate online: monitor price movement in real time.
Trading recommendations:
Buy above 0.9512.
Stop Loss: 0.9468.
Target levels: 0.9557; 0.9638.
Cancel the trading plan in case of a retest or breakout of 0.9468.