AUD/USD is heading towards 0.7244 and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
Related Posts
CHFJPY hits 173.7865 after a run of 5 consecutive daily candles spanning 6 days.
Trend followers are probably eagerly watching CHFJPY to see if its latest 5 consecutive candles continues. If not,…
USDCAD – It’s perhaps in these huge moves where the greatest opportunity lies
An unexpected large move has occurred on USDCAD Daily chart beginning at 1.42943 and ending at 1.385975. Is…
Will USDJPY break through the resistance level it tested before?
USDJPY is heading towards 143.3505 and could reach this point within the next 21 hours. It has tested…