AUD/USD has broken through a support line. It has touched this line at least twice in the last 4 days. This breakout may indicate a potential move to 0.6748 within the next 6 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
USDJPY has broken through a support line. It has touched this line numerous times in the last 7 days.
USDJPY is once again retesting a key horizontal support level at 145.0775. It has tested this level 4…
AUDCAD moves higher to 0.89048 in the last 17 hours.
AUDCAD hits 0.89048 after a 1.16% move spanning 17 hours.
Interesting opportunity on EURUSD after breaking 1.1574914285714286
EURUSD moved through the resistance line of a Channel Down at 1.1574914285714286 on the 4 hour chart. This…