AUD/USD moved through the resistance line of a Triangle at 0.6569405882352941 on the 1 hour chart. This line has been tested a number of times in the past and this breakout could mean an upcoming change from the current trend. It may continue in its current direction toward 0.6589.
Related Posts
Important price line being approached by NZDUSD. This price has been tested numerous times before.
The price of NZDUSD in heading back to the resistance area. It is possible that it will struggle…
EURJPY likely to test 163.7490 in the near future. Where to next?
EURJPY is en route to a very important line that will be a definite deciding factor of what…
EURUSD consistently settling in one direction. Will it continue?
For those of you that don’t believe in trends, this may be an opportunity to take advantage of…