Market Conditions for CADAUD as at Sep 22, 2020
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Last 30 Days:
Support & Resistance
Multi Time Period Price Performance for Canadian Dollar/Australian Dollar
Canadian Dollar/Australian Dollar ProfileThe Canadian Dollar/Australian Dollar (CAD/AUD) is a Forex (FX) currency pair traded in foreign exchange spot transactions around the globe. CAD is the base currency and AUD is the quote currency, meaning that 1 Canadian Dollar was worth 1.0484 Australian Dollar at the end of the New York trading session on Tuesday, 0.76% more than at the previous close.
Technical Analysis Summary for Sept. 22, 2020
While CAD/AUD is experiencing a short-term uptrend, this could just be a correction, as both the medium and long-term trends are still bearish. Tuesday's trading range has been 104 pips (1.0%), that's far above the last trading month's daily average range of 72 pips. Buying might accelerate should prices move above the nearby swing high at 1.0541 where further buy stops could get triggered.
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