The movement of AUDCAD towards the resistance line of a Channel Up is yet another test of the line it reached numerous times in the past. This line test could happen in the next 12 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current levels.
AUDCAD is approaching a resistance line of a Channel Up. It has touched this line numerous times in the last 7 days.
