AUD/USD 1H Chart: Channel Up

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
The Aussie has been in channel up pattern against the Greenback since May 26 and has managed to rebound already two times. Last rebound was against the lower trend-line on Thursday and the pair moved a little upwards trough a cluster of various resistances and has a long way until the upper trend-line. The cross passed all SMAs and the daily pivot point. At the moment it is at 0.7243 and is moving towards the daily R1 at 0.7265. In the meantime, further up it will face the daily R2 at 0.7302 with the weekly R2 at 0.7313 following.
© Dukascopy Bank SA
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