A movement of 6.18% over 22 days on AUDUSD doesn’t go unnoticed. You may start considering where it’s heading next, a continuation of the current downward trend, or a reversal in the previous direction.
Related Posts
NZDUSD is signaling a possible trend reversal on the intraday charts with price not breaching support.
Emerging Falling Wedge detected on NZDUSD – the pattern is an emerging one and has not yet broken…
Supports and resistances are primary concepts of technical analysis. GBPUSD is heading for an important price of 1.2950 – read about what this could mean for the future.
GBPUSD is about to retest a key horizontal resistance level near 1.2950. It has tested this level 7…
After testing resistance twice in the past, EURJPY has finally broken through. Can we expect a bullish trend to follow?
You would be well advised to confirm the breakout that has just occurred – do you believe the…