A possible channel is under establishment in AUDUSD.
The pair has retraced to 38.2 % retracement of the long leg.
However if the lower tentative trendline is broken, the pair could move downwards.
Further upward move may appear
The pair has retraced to 38.2 % retracement of the long leg.
However if the lower tentative trendline is broken, the pair could move downwards.
Further upward move may appear