AUDCAD has been falling in the last few sessions inside the short-term corrective wave 2, which previously reversed down from the resistance area lying between the powerful resistance level 0.9100 (former major support which had reversed the price multiple times from October of 2018), upper daily Bollinger Band and the 38.2% Fibonacci retracement of the previous extended downward impulse wave (C) from the middle of April. With the powerful bearish sentiment affecting the Ausssie today – AUDCAD is likely to extend the losses toward of the next support level 0.8950 (forecast price for the termination of the active short-term corrective wave 2). Next strong support stands at 0.8910.