Thu, 18 Feb 2016 14:10:12 GMT
AUD/CAD 4H Chart: Falling Wedge
AUD/CAD has been very volatile since the beginning of 2016. Despite that, the pair managed to sustain itself in a downtrend, while in the short-term we see the Aussie even lower. Immediate support is currently being offered by the monthly S1 at 0.9779; however, without any help from below the bearish pressure is unlikely to be contained here. We estimate