FX.co ★ AUDCAD

Towards the end of yesterday's trading day on the AUD/CAD pair, buyers nevertheless managed to register a breakout of the calculated resistance level around 0.9932, while volumes during the rise and the breakout of this level were fairly high and gradually increased intraday, which indicates that large buyers were increasing entries into positions, and the very fact of closing the trading day above the specified level opens the way for a new wave of buying in the near future. Overall, my priority is buying, so for the AUD/CAD pair in the coming trading week I will be expecting a bounce off the previously broken support level at 0.9932 and a resumption of the rise toward targets at the nearest calculated resistance level of 0.9965.