AUD/CAD 4H Chart: Remains under bearish pressure

Note: This section contains information in English only.
Source: Dukascopy Bank SA

Indicator 4H 1D 1W
MACD (12; 26; 9) Sell Sell Sell
RSI (14) Neutral Neutral Neutral
Stochastic (5; 3) Neutral Neutral Buy
Alligator (13; 8; 5) Sell Sell Neutral
SAR (0.02; 0.2) Buy Sell Buy
Aggregate

The Australian has depreciated about 3.58% of its values against the Canadian Dollar. The currency pair tested the October 30 2018, low level at 0.9283 during yesterday's trading session.

The exchange rate is currently stranded between the monthly resistance level at 0.9496 and the weekly support level at 0.9438.

By and large, it is expected that the currency exchange rate regains some of its lost positions during the following trading session. The potential target could be near the 50-hour SMA at 0.9533.

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