Cabana Capitals Blog Technical Analysis AUDUSD – Continuation Chart Pattern – Channel Down

AUDUSD – Continuation Chart Pattern – Channel Down

AUDUSD – Continuation Chart Pattern – Channel Down post thumbnail image

AUDUSD is approaching the resistance line of a Channel Down. It has touched this line numerous times in the last 10 days. If it tests this line again, it should do so in the next 2 days.

Target: 0.6846 Entry: 0.6808 Stop: 0.6786

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