AUDCAD shortterm cup and handle points to 09700
If AUD/CAD can get though the near-term resistance, then it will target near 0.9700.
Source: cityindex.co.uk
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Yields are screaming How does that affect AUDCAD
US 10-year yields have a strong negative correlation with AUD/CAD.
Source: cityindex.co.uk
Canadian CPI should solidify a BOC taper next week
With all the impressive data for September, and the BOC already in tapering mode, the inflation data should clear the way for the central bank to taper by another C$1 billion per week
Source: cityindex.co.uk