AUDUSD, DailyPrice is now approaching the channel’s bottom and creating the next higher low in this channel. Look out for price to reject this ascending trend line and continue the long-term trend. USD Retail Sales news tomorrow could possibly push price lower if it comes out better than expected, so it’s possible we’ll get a full touch of the trend line.
USD Retail Sales:
https://a1trading.com/140521-us-retailsales/
