AUDCAD: Potential Ascending Channel

[OZER]

In the 1-hour chart, the price is showing a clear upward trend.
This is shown in the form of a possible "Ascending Channel".
For the time being the price is testing the upper part of the channel and we can anticipate the next downward movement.
Since we are officially in the holiday season, I want to be careful as the trading volume will be very low in the remaining days of this year.
A critical price area showed be if we see the price close to the lower trendline near 0.9217

Targets:
0.9217
0.9170

Thank you and Good Luck!

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