AUDUSD May Erase Some Gains Within Ascending Channel

<p>AUDUSD is charting indecisive moves on Monday on the four-hour timeframe as the pair seems to be preparing for some stabilization following the peak at a two-week high of 0.6199. From a technical perspective, the pair has likely pressed the overbought button and a downside correction could be reasonable in the near-term as the price […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/283607-audusd-may-erase-some-gains-within-ascending-channel/">AUDUSD May Erase Some Gains Within Ascending Channel</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>