AUD is going bearish for the past 4 weeks . the new upcoming week can result in a pullback according to price action when the market opens. there is a couple AUSSIE news this week so i will be attentive in those times to look for entry and to establish the direction accordingly. there is a current downtrend on the daily. AUDCAD is above 50 percent positive correlation which also looks like a bearish trend. lets stay active and look at this pair.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.