BASED ON OUR PREVIOUS FORECAST WE WERE EXPECTING MORE EXTENDED CORRECTIVE WAVE DOWN FROM THE AUDCAD. HOWEVER, AS THE PRICE BROKE ABOVE OUR KEY RESISTANCE AT 0.9810, IT POTENTIALLY CONFIRMED AN UPTREND CONTINUATION. AT THE SAME TIME IF THE THERE WILL BE CLEAR BREAK OF THE 0.9776 SUPPORT, IT COULD BE A CHANGE IN THE DIRECTION FOR THE LONG TERM. UNLESS THAT HAPPENS WE ARE BULLISH ON AUDCAD