AUDCAD – Buyers still holding position Trend: Strong Buy Support/Resistance: R3: 0.91210 R2: 0.91023 R1: 0.90841 S1: 0.90522 S2: 0.90224 Price action: Buyers still holding position. From the last swing, buyers tested seller momentum to get answer from bears. Buyers handle price action above support level at 0.90841. If buyers will be enough strong to push price above first resistance level and return it to support, then we can see next targets at 0.91023 level and 0.91210 level. On the other side, if sellers break support level at 0.90522 then they will continue price downside to level 0.90224. Potencial trade idea: Bulls targets: T1: 0.91023 T2: 0.91210 Bears targets: T1: 0.90522 T2: 0.90224 NOTE – We are trading AUDCAD via the preferred trading setups
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