My past predictions continue to come true.
First, the price is pushed away from her and grew to resistance.
AUDCAD update idea/ Grow

Then the price dropped from the 0.979 channel line to the 0.965 support.
AUDCAD falling channel transition / Fall

Then she made a small breakdown and returned to growth.
AUDCAD growth from strong support to resistance

The price made a false breakout of the 0.965 support level.
Then it rose again and bounced off the support zone (channel line + level) 0.969.
I expect the price to consolidate in this area and continue to rise.
The target is 0.977.

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AUDCADForexLONGTrend Analysis

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