Canadian Australian analysis
The pair at the Australian level is Canadian
The Australian-Canadian pair retreated on Thursday, especially after the Australian employment rates fell today by more than expected, and we are also waiting for retail sales data from Canada tomorrow.
The pair at the technical level
The pair is trying to rebound near the uptrend levels on the hourly frame, with a positive divergence of the MACD indicator.
The pair is currently targeting the levels of 0.8920 as the initial target and then 0.8980 as the final target.
This scenario fails if the 0.8800 low is broken
