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AUD/CAD capped below the 0.95 handle

FXstreet.com (Barcelona) – The AUD/CAD foreign exchange cross rate is last quoted little changed from previous weekly close Friday at 0.9488, off recent session and weekly highs so far at 0.9510.

AUD/CAD needs to do more to keep moving higher

“AUD/CAD has seen a little more follow through buying following Thursday’s strong gains,” said the TD Securities Toronto based FX Research Team, adding: “But we are still a little cautious on the potential for a deeper rebound in the cross because the turn lower in the cross from MA/retracement resistance in the mid 0.95 area Monday represented a firm top. AUD/CAD …read more