AUD/USD is moving towards a support line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 10 days and may test it again within the next 2 days.
Related Posts
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…
AUDCAD is signaling a possible trend reversal on the intraday charts with price not breaching support.
AUDCAD is heading towards the resistance line of a Channel Down and could reach this point within the…
EURCAD heading towards a price it has tested 5 times in the recent past.
EURCAD is about to retest a key horizontal support level near 1.6072. It has tested this level 5…