AUD/USD has broken through a support line. It has touched this line at least twice in the last 7 days. This breakout may indicate a potential move to 0.6618 within the next 23 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
Related Posts
GBP/USD experienced a very large 20 days bullish move to 1.33827
For those of you that don’t believe in trends, this may be an opportunity to take advantage of…
USD/JPY has broken through a level it has tested 4 times in the recent past.
USD/JPY has broken through a line of 142.6550. If this breakout holds true, we could see the price…
Is the extremely large movement on USD/CHF a sign of things to come?
An unexpected large move has occurred on USD/CHF 1 hour chart beginning at 0.84879 and ending at 0.84063.…