AUD/USD has turned up at the start of the week, out of a downward channel with a sharp price action which suggests that pair reached low at 0.6905. We can see room for a rally up to 0.7170 -0.7280
![AUD_USD Australian Dollar _ US Dollar](https://riskmarket.co.uk/wp-content/uploads/2015/09/AUD_USD-Australian-Dollar-_-US-Dollar-300x161.png)
By Theodoros Batsoulis
Technical Analyst
Risk Market
www.riskmarket.co.uk