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Downward Channel in the AUD/USD Continues to Hold

Long
Australian Dollar / U.S. Dollar (OANDA:AUDUSD)  
FXLeaders  
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
Parallel Channel aud-usd
1
0
parallelchannel aud-usd
The AUD/USD has bounced off 0.7350. I think the buyers are around for the time being and I will be looking for a short-term rebound. The downward channel has been paying out well so far.

Longer-term I think price can see 0.7500 again, but that will certainly be the roof in price for 2018.
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