AUD/USD: Daily
Here’s one for the swing traders out there! If you’re wondering why AUD/USD has been moving sideways for almost an entire month, it’s because the pair is testing the bottom of a long-term falling channel. A break below this area could be a sign that more losses are in the cards while a bounce could signal that AUD/USD is ready to recover. An upside break from the current consolidation could take the pair back to the top of the channel, which is near the .9400 major psychological resistance or at least until the middle of the range at the .9000 handle.
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USD/JPY recovers 156.00 after testing 155.50 on likely Japanese intervention
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XRP plunges to $0.50, wipes out recent gains as Ripple community debates ETHgate impact
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