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Why Is CHF a Safe-Haven Currency?

In the ever-fluctuating world of finance, certain currencies stand out as reliable refuges during times of economic uncertainty. The Swiss franc (CHF) is one...
HomeLatestAUDCAD Forecast Update - October 18, 2024

AUDCAD Forecast Update – October 18, 2024

The AUDCAD pair continues to maintain a bullish trajectory, settling above the key support level of 0.9145. Recently, it has formed a bullish rally and is currently trading near 0.9260. It is crucial for the price to gather additional positive momentum to overcome the resistance at 0.9335. Successfully breaking this level would facilitate further gains, targeting 0.9380 and eventually reaching 0.9445.

The expected trading range for today is between a support level of 0.9225 and a resistance level of 0.9335.

Trend Forecast: Bullish

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