AUD/CAD clears 0.9935 with trend stack fully aligned

AUD/CAD is holding the week's gains with quiet conviction, trading at 0.99337 as the trend structure stays intact across every timeframe.

The pair has climbed 0.41% over the past week, carving through a sequence of resistance levels that now sit as confirmed support. The 24-hour range of 0.99215 to 0.994565 reflects a contained, orderly bid rather than a momentum spike, and the absence of macro headlines leaves the technical picture in full control.

From a trend-following perspective the setup is close to textbook. Price sits comfortably above EMA20 at 0.99129, EMA50 at 0.98899 and EMA200 at 0.98722, with the moving average stack cleanly ordered and trend aligned up across 1H, 4H and 1D. RSI sits in neutral territory without being stretched, which argues that the rally still has room before momentum becomes a headwind. Volatility is calm, meaning the carry of the move is disciplined rather than reactive. The prior session respected EMA20 and continued higher, consistent with a trend-following regime where dips are bought rather than faded. Resistance at 0.99518 is the next meaningful supply zone; a break there opens fresh multi-week territory.

We buy dips into the 0.99129–0.99215 zone where EMA20 and the intraday low converge. A daily close below EMA50 at 0.98899 invalidates the trend read and triggers a stand-down.