Mon, 23 Jan 2017 12:59:10 GMT
AUD/USD 4H Chart: Channel Up
The Aussie continues its surge against the Greenback in accordance with an ascending channel pattern. The channel is guiding the currency exchange rate from one Fibonacci retracement level to another, sometimes making a short stop before continuing the surge. The Fibonacci retracement levels are measured on this pair by connecting the 2016 high level of April 21 and the 2016