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FxWirePro: GBP/NZD propelled towards 2.0990 by strong UK PMI data, good to buy on dips 
- AUD/CAD edges higher, is extending break above 5-DMA at 0.9683, bias higher.
- The pair is trading 0.10% higher on the day we see scope for further upside as long as 5-DMA support holds.
- Technical indicators are turning, Stochs and RSI have shown a rollover from oversold levels and rising.
- We evidence MACD is on verge of a bullish crossover on signal line.
- 20-DMA at 0.9742 is strong resistance and only violation there could see further upside.
Call update: We had advised a long in our previous call (http://www.econotimes.com/FxWirePro-AUD-CAD-Trade-Idea-1024326) which is progressing well.
Recommendation: Hold for upside.
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