{"id":31089,"date":"2012-07-24T23:28:21","date_gmt":"2012-07-25T03:28:21","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/2012\/07\/audusd-has-reached-lower-line-of-price-channel\/"},"modified":"2012-07-24T23:28:21","modified_gmt":"2012-07-25T03:28:21","slug":"audusd-has-reached-lower-line-of-price-channel","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2012\/07\/24\/audusd-has-reached-lower-line-of-price-channel\/","title":{"rendered":"AUDUSD has reached lower line of price channel"},"content":{"rendered":"<p>AUDUSD has reached the lower line of the price channel on 4-hour chart, rebound could be expected later today. Resistance is now at 1.0280, a break above this level will indicate that a cycle bottom has been formed, then another rise towards 1.0500 could be seen. On the downside, a clear break below the lower line of the channel will suggest that the longer term uptrend from 0.9581 (Jun 1 low) has completed at 1.0443 already, then the following downward move could bring price back to 0.9900 zone.<\/p>\n<p><img decoding=\"async\" alt=\"audusd\" src=\"http:\/\/blog.forexcycle.com\/wp-content\/uploads\/2012\/07\/20120725_audusd_1.gif\" align=\"none\"><\/p>\n<p><a target=\"_blank\" title=\"\" href=\"http:\/\/www.forexcycle.com\/\">Daily Forex Analysis<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>AUDUSD has reached the lower line of the price channel on 4-hour chart, rebound could be expected later today. Resistance is now at 1.0280, a break above this level will indicate that a cycle bottom has been formed, then another rise towards 1.0500 could be seen. On the downside, a clear break below the lower &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2012\/07\/24\/audusd-has-reached-lower-line-of-price-channel\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;AUDUSD has reached lower line of price channel&#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-31089","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/31089","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=31089"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/31089\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=31089"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=31089"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=31089"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}