The AUDCAD pair has been in an uptrend for several weeks and could test its major resistance at 1.0760 in the coming days. In terms of technical indicators, the RSI stays well directed above its neutrality area while the MACD still in positive territory, is about to cross its signal. In this context, the support on the lower Bollinger band can be taken advantage of by investors.
Direction: Up
Entry: 1.0659
Stop-loss: 1.06
Take-profit: 1.0750
