- AUD/CAD struggling to extend gains beyond stiff resistance around 0.9978 levels.
- Techs on weekly charts are biased higher, we see scope for upside.
- Break above 0.9978 levels will see test of 1.0026 and then 1.0054 levels.
- We see major support at 0.9860 levels, weakness only on break below.
- Violation at 0.9860 will see drag upto 0.7923 (38.2% Fib).
Recommendation: Good to long on decisive break above 0.9978, SL: 0.99, TP: 1.0026/ 1.0054/ 1.0086


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