AUD/USD Retreats to Channel Support and 0.94

38.2% retracement: AUD/USD traded up to 0.9527 before stalling. The 38.2% retracememt market was at 0.9510. As the week winds down AUD/USD is in a second day of bearish correction against the initial FOMC reaction and testing a rising channel seen in the 4H chart. Rising channel: The 4H chart shows…

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AUD/USD Retreats to Channel Support and 0.94

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