Wed, 19 Mar 2014 07:15:39 GMT
AUD/USD 4H Chart: Channel Up
After touching a five-year low of 0.8661 in the second part of January, the Australian Dollar regained an upside against its U.S. peer. In mid-February, the pair started to form a bullish tunnel that now is over a 100-bar long.
At the moment of writing, the pair was tilted upwards and it may continue the bullish trend in the hours