AUDUSD is heading towards the resistance line of a Channel Up. If this movement continues, the price of AUDUSD could test 0.6413 within the next 10 hours. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
AUDUSD is quickly approaching the resistance line of a Channel Up. We expect either a breakout through this line or a rebound.
