AUDCAD has broken through a line of 0.8940 and suggests a possible movement to 0.8899 within the next 2 days. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 12 days.
After trying numerous times in the past, AUDCAD finally breaks 0.8940!
