AUDCAD Expecting Bearish TrendAustralian Dollar / Canadian DollarCMCMARKETS:AUDCADMrMartin_11AUDCAD is currently trading within a defined range and appears to be heading towards a key support level. While the pair is moving lower, further downside may be limited if the Canadian Dollar continues to strengthen. This could lead to a price rebound from the current levels. The currency pair is approaching a consolidation support zone, and we may observe some price volatility near this level. If a bounce occurs, initial resistance levels to watch are at 0.88800 and 0.89200. You may find more details in the chart Ps Support with like and comments for more analysis.