AUD/USD is heading towards 0.6842 and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
Related Posts
After testing 147.6275 numerous times, USDJPY is once again approaching this price point. Can we expect a bullish trend to follow?
USDJPY is about to retest a key horizontal resistance level near 147.6275. It has tested this level 8…
USDCHF has broken through support of a Descending Triangle. It has touched this line at least twice in the last 30 days.
You would be well advised to confirm the breakout that has just occurred – do you believe the…
Will NZDUSD break through the resistance level it tested before?
The price of NZDUSD in heading back to the resistance area. It is possible that it will struggle…