The Australian-Canadian pair has been trading between ups and downs since the beginning of the week, and in light of the scarcity of economic data from Australia, however, we are waiting for the most important news from the Canadian economy today, which is the Canadian interest rate decision and expectations indicate a cut in interest by 50 basis points from 4.25% to 3.75%.

Technically:

the Australian-Canadian pair is trying to complete the harmonic Butterfly model shown on the daily frame, which corresponds to the BAT model for the weekly frame near the levels of 0.9430, and before that it is expected to target the top of 0.9290 as the first target.

The pair is a candidate for an upswing with each downward corrective pullback.