DislikedI've been quietly accumulating a position in AUD/USD and have an average of about 1.2880. Take a look at the first daily chart. It appears PA found some support on the down trend line that was broken to the upside in January. We've finally retested it while being enclosed in a down-trend channel since February.As you can see, we're potentially breaking out of that channel now. Also notice how the 61.8% fib retracement served as nice converging support zone with the down trend line I spoke of earlier.
Take a closer look at the 4H shows the potential...Ignored
Use me as a contrarian indicator