{"id":98565,"date":"2016-11-22T07:14:46","date_gmt":"2016-11-22T12:14:46","guid":{"rendered":"http:\/\/countingpips.com\/?p=98565"},"modified":"2016-11-22T07:14:46","modified_gmt":"2016-11-22T12:14:46","slug":"audusd-remains-in-downtrend-from-0-7778","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/11\/audusd-remains-in-downtrend-from-0-7778\/","title":{"rendered":"AUDUSD remains in downtrend from 0.7778"},"content":{"rendered":"<div id=\"inves-949107504\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">November 22, 2016<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p>AUDUSD remains in downtrend from 0.7778, the rise from 0.7310 is likely consolidation of the downtrend. Range trading between 0.7310 and 0.7460 is possible in a couple of days. Resistance is located at the top of the price channel on 4-hour chart. As long as the channel resistance holds, the downtrend could be expected to resume, and further decline to 0.7200 area is still possible. Only a clear break above the channel resistance could signal completion of the downtrend.<\/p>\n<div><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.forexcycle.com\/archive2016\/20161122_AUDUSD_1.png\" alt=\"audusd chart\" width=\"400\" height=\"300\" border=\"0\" \/><\/div>\n<p>By <a href=\"http:\/\/ForexCycle.com\" target=\"_blank\">ForexCycle.com<\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>AUDUSD remains in downtrend from 0.7778, the rise from 0.7310 is likely consolidation of the downtrend. Range trading between 0.7310 and 0.7460 is possible in a couple of days. Resistance is located at the top of the price channel on 4-hour chart. As long as the channel resistance holds, the downtrend could be expected to [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-98565","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/98565","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=98565"}],"version-history":[{"count":3,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/98565\/revisions"}],"predecessor-version":[{"id":98580,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/98565\/revisions\/98580"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=98565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=98565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=98565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}