{"id":21504,"date":"2011-06-05T22:56:54","date_gmt":"2011-06-06T02:56:54","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=21504"},"modified":"2011-06-05T22:56:54","modified_gmt":"2011-06-06T02:56:54","slug":"audusd-reached-the-upper-border-of-channel","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/06\/05\/audusd-reached-the-upper-border-of-channel\/","title":{"rendered":"AUDUSD reached the upper border of channel"},"content":{"rendered":"<p>AUDUSD has reached the upper border of the price channel on 4-hour chart. Pullback would likely be seen later today. Support is at 1.0587, a breakdown below this level will indicate that the downtrend from 1.1011 has resumed, then the following downward move could bring price to 1.0250-1.0300 area. However, a clear break above the upper border of the channel will suggest that lengthier consolidation of downtrend is underway, then further rally could be seen to 1.0850 zone.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/blog.forexcycle.com\/wp-content\/uploads\/2011\/06\/20110606_audusd_1.gif\" alt=\"audusd\" width=\"400\" height=\"300\" \/><\/p>\n<p><a href=\"http:\/\/www.forexcycle.com\/\" target=\"_blank\">Daily Forex Forecast<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>AUDUSD has reached the upper border of the price channel on 4-hour chart. Pullback would likely be seen later today. Support is at 1.0587, a breakdown below this level will indicate that the downtrend from 1.1011 has resumed, then the following downward move could bring price to 1.0250-1.0300 area. However, a clear break above the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2011\/06\/05\/audusd-reached-the-upper-border-of-channel\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;AUDUSD reached the upper border of 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-21504","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/21504","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=21504"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/21504\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=21504"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=21504"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=21504"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}