The movement of AUD/USD towards 0.6711 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 3 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
Related Posts
A Falling Wedge has formed, AUDCAD is approaching resistance. Can we expect a breakout and the start of a new trend or a reversal?
An emerging Falling Wedge has been detected on AUDCAD on the 4 hour chart. There is a possible…
EURGBP moves higher to 0.8356 in the last 10 days.
For those of you that don’t believe in trends, this may be an opportunity to take advantage of…
USDCAD is quickly approaching a very important level it has previously tested numerous times in the past
USDCAD is approaching a support line at 1.3946. If it hits the support line, it may break through…