AUD/CAD - DAILY CHART
THE STRONG TOP AT 0.9449

The AUDCAD rally from .9048 may have or may not completed a 5 wave bullish sequence that began in June 2006 at .8117. The high made yesterday at .9449 is divergent with oscillators on the daily, which support a turn. If the 0.9449 is truly the top of the Wave 5 then in the coming days or weeks thispair might test the 0.9048 level.