Movement inside the triangle, which lasted more than 2 weeks has just finished. Bulls managed to push AUDCAD sharply (well visible at H1 interval) and broke upper limit of the triangle and thus reached the highest level since June 27th.
If in next few hours supply does not negate this break out by returning to the interior of the triangle, another target for demand will be the resistance at 1.0220. Currently the buyers main target is key resistance at 1.0330. Demand was not able to overcome this resistance for more than 4 years. All previous attempts to break 1.0330 ended with dynamic declines, which could also be repeated if buyers on AUDCAD try to break this important level in one strike.
