AUD/USD Cracking Channel Support

Channel Support: AUD/USD has been choppily creeping down from the 1.0597 January-high. When it got to the 1.05 area, it was testing a rising channel support as seen in the 4H chart. The market is showing some crack of this trendline. It is also testing the 200 4H SMA. The 4H RSI reading is at 40. A…

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AUD/USD Cracking Channel Support

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