Technical Analysis – AUDCAD slightly eases after rallying above 100-day SMA and Ichimoku cloud
AUDCAD buyers are again in the process of pushing higher, after fiercely overcoming the 20-, 50- and 100-day simple moving averages (SMA) and climbing above the Ichimoku cloud. The pair bounced off a floor – in formation since August – around 0.8900 on October 25. The short-term oscillators lean towards positive momentum improving. The MACD […]