The breakout of AUDCAD through the 0.8640 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, AUDCAD could test 0.8590 within the next 6 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout.
Breach of 0.8640 could mean a start of a bearish trend on AUDCAD
