AUDCAD currency pair today reversed up with the daily Bullish Engulfing candlesticks reversal pattern from the powerful support area lying between the support level 0.92600 (which has been reversing the pair from last year) and the lower daily Bollinger Band. Given the strength of the aforementioned support area and the strengthening Canadian dollar sentiment seen across the FX markets today – AUDCAD currency pair can be expected to rise further toward the next resistance level 0.93540 (which reversed the previous wave 2).