{video}AUDUSD had been trending lower within a downward sloping channel after peaking at 0.7157 in early February. Although the pair managed to break above this bearish pattern, it has been directionless since then, while its recent attempt to escape its tight range faltered and the price experienced a pullback. The short-term oscillators are cautiously tilting towards the positive side. The RSI is pointing down above its 50-neutral mark, while the MACD histogram is holding above zero and its red signal line. Should buying pressures persist, the price might face the recent resistance of 0.6817, which is the highest ... (full story)