AUDCAD currency pair recently reversed up from the support zone lying between the major support level 0.91000 (which stopped the previous extended downtrend in August, as can be seen from the daily AUDCAD chart below) and the lower daily Bollinger Band. The upward reversal from this support zone stopped the previous impulse waves (iii) and 3. Given the strength of the aforementioned support zone, AUDCAD currency pair can be expected to rise further toward the next resistance level 0.92000 (top of the minor correction ii from the end of Septembers).