At the present time, the currency pair AUD/CAD continues to move within an ascending channel, indicating that buyers are still in control. After an attempt to hold above the level of 0.9790, a pullback has started. I expect that in the near future, the price of the currency pair will move in a range between 0.9790 and 0.9775. Currently, the level of 0.9795 is the closest resistance, and if the price manages to break above this level, it could be one of the first signals that a move towards 0.9820 is likely, although a pullback could also occur. It is important to note that the price is currently below this point, making a bullish movement the priority.
