Lorenzo_Esco_Al_Bar

AUD/USD channel

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OANDA:AUDUSD   澳元/美元
Yesterday AUD/USD reacted well on two important resistance: the down-line of the perpendicular channel and the horizontal line around 0.76400 area. Also in the most recent days' candlestick we can letteraly see the war between bulls and bears, showing that there's somthing strong supporting the price in that area. Fibonacci extension suggest where the price is most likely to stop: the 0.236 retracement, where it encounters the upper-line of the channel.
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