AUD/USD has broken through a support line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 3 days and suggests a possible target level to be around 0.6794 within the next 15 hours.
Related Posts
CHFJPY is approaching a support line of a Falling Wedge. It has touched this line numerous times in the last 8 days.
CHFJPY is trapped in a Falling Wedge formation, implying that a breakout is Imminent. This is a great…
Important price line being approached by NZDUSD. This price has been tested numerous times before.
A strong resistance level has been identified at 0.5947 on the 1 hour NZDUSD chart. NZDUSD is likely…
EURUSD – It’s perhaps in these huge moves where the greatest opportunity lies
A movement of 2.89% over 25 days on EURUSD doesn’t go unnoticed. You may start considering where it’s…