- AUD/CAD is extending recovery from 6-month lows at 0.9453 hit post RBA surprise cut.
- The pair has cleared 61.8% Fib retrace of the Sept-Dec rally at 0.9539 and is currently trading at 0.9620 levels.
- Canada's trade deficit in March widened to a record C$3.41 billion ($2.69 billion) as exports sank for a second month, Statistics Canada said on Wednesday.
- Daily price action is contained between 5&10 DMAs currently at 0.9575 and 0.9629 respectively.
- On the daily charts, we see a bullish Stochastic rollover from oversold territory and RSI is also biased higher.
- Upside finds next hurdle at 0.9650, breaks above could see 0.9680 and then 0.97 levels.
- On the downside supports are aligned at 0.9575 (5-DMA), 0.9525 (Apr 29th lows) and 0.95.
Recommendation: Good to buy dips around 0.9610, SL: 0.9575, TP: 0.9650/0.9680


EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro:EUR/AUD eases but bullish outlook persists
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 



