AUD/USD has broken through a line of 0.6974. If this breakout holds true, we could see the price of AUD/USD heading towards 0.7055 within the next 7 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirm the breakout before placing any trades.
Related Posts
A Triangle has formed, USDJPY is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
An emerging Triangle has been detected on USDJPY on the 15 Minutes chart. There is a possible move…
AUDNZD has broken through a resistance line. It has touched this line numerous times in the last 8 days.
AUDNZD has broken through a resistance line. It has touched this line numerous times in the last 8…
A possible move on USDCHF as it heads towards support
USDCHF is moving towards a support line which it has tested numerous times in the past. We have…