Breach of important price line imminent by AUDCAD

AUDCAD is moving towards a line of 0.9201 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If AUDCAD continues in its current trajectory, we may see it move towards 0.9201 within the next 2 days.