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- Our medium term-outlook for the pair as given in the below-mentioned call has reached target levels.
- (http://www.econotimes.com/FxWirePro-AUD-CAD-medium-term-outlook-256313)
- The pair now finds major resistance at 1.0350 levels. Breakout above could see further upside.
- Technicals studies are bullish, supportive for further gains, we see scope for test of 1.0450.
- Expect some consolidation around 1.0350 levels.
Recommendation: Good to go long on a decisive breakout above 1.0350
