AUDCAD Price Analysis Expected Scenario The AUDCAD price ended the recent bullish rally by facing the major resistance at 0.9125, to form solid obstacle against recording any new positive target and notice the beginning of activating the correctional bearish track and settling near 0.9060. Now, stochastic decline towards 50 level will increase the negative pressures on the price, allowing us to suggest more negative attempts and wait to target 0.9020 and 0.8990 levels. Expected Trading Range Between 0.9085 support and 0.9020 resistance.

Trend Forecast: Bearish