Lingrid | AUDCAD Swap Zone. Potential Selling OpportunityAustralian Dollar/Canadian DollarFX:AUDCADLingridThe price perfectly fulfilled my last idea. AUDCAD is rebounding from a strong support area after a fake break below 0.88805 and is now moving toward the descending trendline. The price is expected to test the swap zone near 0.89421, where prior support may flip to resistance. This setup favors a SELL scenario from the lower high structure within the flag and downtrend. A rejection from the trendline could resume the bearish continuation back toward support. š Key Levels Sell zone: 0.89421 ā 0.89500 Buy zone: 0.88805 ā 0.88600 Target: 0.88805 Invalidation: Break and close above 0.89550 š” Risks Bullish breakout through the descending trendline Sharp reversal from macroeconomic news Short-term consolidation above 0.89100 weakening momentum If this idea resonates with you or you have your own opinion, traders, hit the comments. Iām excited to read your thoughts!