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AUD/CAD breaks minor trendline support at 0.9410, targets 0.9315

Friday, October 16, 2015 3:40 AM UTC

AUD/CAD has broken minor trend line support around 0.9410 (trend line joining 0.92460 and 0.9378) and this confirms short term weakness , a decline till 0.9315/0.9260 is possible .
Overall trend reversal only above 0.9500 . The minor resistance is around 0.9450.
On the downside minor support is around 0.9370 and break below targets 0.9315/0.9280 level.

It is good to sell on rallies around 0.9395-940 with SL around 0.9451 for the TP of 0.9320/0.9285

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AUD/CAD breaks minor trendline support at 0.9410, targets 0.9315

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