AUDCAD currency pair recently reversed up from the support area lying between the pivotal support level 0.91000 (previous monthly low from October, as can be seen from the daily AUDCAD chart below), intersecting with the daily lower Bollinger Band. Given the rising bullish Australian dollar sentiment seen across the FX markets today and the strength of the aforementioned support area, AUDCAD currency pair can be expected to rise further toward the next resistance level 0.92000 (top of the previous short-term corrective wave 2).