Aud/Usd Market Outlook

Context:

the down channel has been broken after price found support @7876 , will this initiate
a further rallie ? , well first we need to take out the current resistance @79400ish
any rejecion at this level and we might test current support @7876 again , and we price
may be a lil rangebound.

signs of strenght:
support
broken downchannel

signs of weakness:
downchannel