AUDCAD Approaching 0.9120 On Improving Market SentimentAUDCAD Approaching 0.9120 On Improving Market Sentiment
Australia’s Retail Sales rose 0.1% MoM in April vs. 0.2% expected.
It was a slight decrease considering the expectations for the month of April but if we take into consideration the previous month's retail sales improved to 0.1% in April vs -0.4% in March
This is supporting AUD strength today and we can probably see AUDCAD testing the top of the structure soon located near 0.9120
You may find more details in the chart!
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