AUDCAD penetrated to the upside of the significant falling trend line, which had been standing since May 2015, suggesting a possible trend reversal to the upside. The price has had an aggressive roller coaster ride and on Thursday it touched the daily 200-simple moving average, which acted as resistance. Following the sharp upside movement, the price has eased today after failing to end the day above the 38.2% Fibonacci retracement level from the down-leg with […]