{"id":30816,"date":"2012-07-12T22:35:48","date_gmt":"2012-07-13T02:35:48","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/2012\/07\/audusd-is-facing-channel-support\/"},"modified":"2012-07-12T22:35:48","modified_gmt":"2012-07-13T02:35:48","slug":"audusd-is-facing-channel-support","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2012\/07\/12\/audusd-is-facing-channel-support\/","title":{"rendered":"AUDUSD is facing channel support"},"content":{"rendered":"<p>AUDUSD is facing the support of the lower border of the price channel on 4-hour chart. As long as the channel support holds, the price action from 1.0223 is treated as consolidation of the uptrend from 0.9581 (Jun 1 low), and another rise towards 1.0500 could be expected after consolidation. On the downside, a clear break below the channel support will indicate that lengthier consolidation of the uptrend is underway, then deeper decline to 1.0000 could be seen.<\/p>\n<p><img decoding=\"async\" alt=\"audusd\" src=\"http:\/\/blog.forexcycle.com\/wp-content\/uploads\/2012\/07\/20120713_audusd_1.gif\" align=\"none\"><\/p>\n<p><a target=\"_blank\" title=\"\" href=\"http:\/\/www.forexcycle.com\/\">Forex Signals<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>AUDUSD is facing the support of the lower border of the price channel on 4-hour chart. As long as the channel support holds, the price action from 1.0223 is treated as consolidation of the uptrend from 0.9581 (Jun 1 low), and another rise towards 1.0500 could be expected after consolidation. On the downside, a clear &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2012\/07\/12\/audusd-is-facing-channel-support\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;AUDUSD is facing channel support&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-30816","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/30816","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=30816"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/30816\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=30816"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=30816"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=30816"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}