AUDCAD continues to rise inside the short-term corrective wave 2, which previously broke the resistance area located between the support level 0.94000 (former monthly low from September) and the upper resistance trendline of the daily down channel from September. Given the clear multi month uptrend and the rising bullish sentiment affecting the Australian dollar today, AUDCAD is likely to rise further toward the next resistance level 0.95750 (former strong resistance from the end of September and October and the target for the completion of the active wave 2).