AUD/CAD – Consolidating above the Key Support Level!

• Resistance Zone: 0.9210 to 0.9240
• Key Resistance: 0.9134
• Major Pivot Point: 0.9028
• Key Support Level: 0.8923
• Support Zone: 0.8840 to 0.8810
• 200 Day SMA – Green Line
• 50 Day SMA – Red Line

Trade Insights – AUD/CAD

The chart shows Viable Long Positions above the Key Support Level at 0.8923, with the first target of the Pivot at 0.9028 and then the test of the Key Resistance Level at 0.9134.

Alternatively, Short positions below the Key Support level at 0.8923, with the target to head towards the Support Zone at 0.8840 to 0.8810.