Mon, 01 May 2017 15:16:14 GMT
AUD/USD 1H Chart: Channel Down
AUD/USD was working on establishing a large-scale channel down pattern for half of April and the efforts proved successful as the pattern gained several confirmations on the hourly time-frame. The pair is currently on a steep run towards the upper trend-line of the pattern around 0.7542 where it is strengthened by the upper Bollinger Band. We see it as a