AUD/USD Advances After RBA Minutes and General USD-Weakness
The AUD/USD has been in a declining channel as seen in the 4H chart below. But note that it remains above a rising trendline. After finding support at the rising trendline last Friday (8/17) at 1.0410, the AUD/USD rallied to start this week toward the channel resistance. After pretty much sideways...
FF News: Technical