{video}AUDUSD managed to cross above its rectangle pattern and post a fresh four-month peak of 0.6898 in the past week. However, this advance proved to be short-lived and the pair quickly fell back within its recent range, trading flat in the last couple of daily sessions. The momentum indicators are reflecting a loss of positive momentum. The RSI is ticking down slightly above its 50-neutral mark, while the MACD is softening but remains positive and above its red signal line. Should the price extend its recent correction, the 0.6716 hurdle could act as the first line of defense. Failing to halt there, the pair could ... (full story)