AUDCAD signs of rejection from the upper resistance zone

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AUDCAD signs of rejection from the upper resistance zoneAUD/CADOANDA:AUDCADMrMartin_11AUDCAD is currently showing signs of rejection from the upper resistance zone, indicating strong sell pressure in that area. This marks the fifth time price has tested this zone, and the repeated rejections suggest that sellers are regaining control. While AUDCAD remains in a tricky consolidation spot, the failure to break above resistance reinforces the bearish bias. If momentum continues to favour the downside, the next key support level lies around 0.89200. You may find more details in the chart. Trade wisely best of luck. Ps; Support with like and comments for better analysis Thanks for Supporting.