Time for an update of our AUDUSD
chart. This chart is 3 months old and still working very well. Price pierced resistance of the red channel, resistance became support and the green channel could now be in control. It's possible that we retest support of the red channel... support of the green channel wouldn't be too far away. With momentum pausing a bit, a would be looking for a bit of a pullback / consolidation and keep an eye how price behave at the confluence of resistance.