The last U-turn of AUDUSD from 0.6865/60 is not only a horizontal line about 0.6965 but a long five-week descending resistance line about.6975 more likely to please buyers than one horizontal line. In cases where bulls refrain from 0.6975 their favorites could be 0.7000 and 0.7050/55 in advance of the 0.7100, 0.7140 and 0.7205 successive numbers...
