RKchartest

AUDUSD in corrective channel.

RKchartest Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
AUSUSD is sticking within its corrective channel. The DXY 0.01% is weakening at the moment and this pair could continue in the channel. A break below and lower target will be under attack. Risk to Reward is best on the short side, hold if break above.
Comment:

AUDUSD has reached lower support in a corrective channel/flag. If a break below a nice move to the downside can happen. If break above hold.

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