Technical Analysis – AUDUSD stuck in a sideways channel; bullish signals weak

AUDUSD  continues to trade softly within a sideways channel for the third consecutive week with an upper boundary at 0.6820 and a lower boundary at 0.6745. The MACD in the four-hour chart has gained some strength above its red signal line, endorsing the current upside movement in the price, though the indicator is still close […]