AUDUSD stays in a falling price channel on its 4-hour chart and remains in the downtrend from 0.7159.
As long as the channel resistance holds, the downside movement could be expected to continue and further decline to test 0.7041 support is possible.
On the upside, a breakout of the channel resistance would indicate that the downside move is complete, then another rise towards 0.7200 could be seen.
User rating: 0.00% ( 0 
The Complete List Of Wilshire 5000 Stocks
Future Market Returns = Dividend Yield + Earnings Growth +/- Change In P/E Ratio
USD/JPY Making A Bullish N Pattern Through Chuvashov Fork
Ebay Rises As Morgan Stanley Double Upgrades On Payments Shakeup
The Pension Crisis Gets A Catchy Name: “Silver Tsunami”
