Those of you that are trend followers are probably eagerly watching AUD/USD to see if its latest 2.62% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 5 days move.
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Big movement possible on AUD/USD after a breach of 0.6674
The breakout of AUD/USD through the 0.6674 price line is a breach of an important psychological price that…
NZD/USD experienced a very large 17 days bullish move to 0.61289
NZD/USD has moved higher by 4.28% from 0.58776 to 0.61289 in the last 17 days.
USD/CHF is approaching 0.9089. We expect either a breakout through this line, or a rebound.
USD/CHF is moving towards a resistance line. Because we have seen it retrace from this level in the…