AUDUSD Still Consolidating; Unable to Break above Upper Channel
<p>AUDUSD has been consolidating since June 16 and has been stuck in a channel tilted slightly to the upside. The neutral to bullish picture in the short term looks to last for a while longer after prices failed to break above the upper channel earlier this month. Resistance was met at around the 0.7000 psychological […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/310638-audusd-still-consolidating-unable-to-break-above-upper-channel/">AUDUSD Still Consolidating; Unable to Break above Upper Channel</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>
Leave a Comment