AUD/CAD coming at channel and fib support
AUD/CAD coming at the downward channel support at arounf 0.9760. It also has 61.8 fib level support just above it at 0.9767. A break of this support could open the way for 0.9630 and then 0.9600. Otherwise if the support holds, we could see the pair at 0.9900 initially followed by 1.00 level. Although we are bearish for this pair in the longer term, we belive the pair is going to strengthen in the short term. - See more at: www.mystockstream.co...g-at-channel-support