AUD/USD is once again retesting a key horizontal resistance level at 0.6439. It has tested this level 3 times in the recent past and could simply bounce off like it did last time. However, after this many tries, maybe it’s ready to start a new trend.
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If you’re long USDCHF you should be aware of the rapidly approaching level of 0.7937
USDCHF is about to retest a key horizontal support level near 0.7937. It has tested this level 5…
EURJPY – Large moves like this tend to draw attention.
EURJPY reached 172.4555 after a 0.79% move spanning 11 hours.
EURAUD is quickly approaching the resistance line of a Channel Down. We expect either a breakout through this line or a rebound.
EURAUD was identified at around 1.780935 having recently rebounded of the support on the 4 hour data interval.…