The price of AUD/USD in heading in the direction of 0.6657. Despite the recent breakout through 0.6597 it is possible that it will struggle to gain momentum to the forecast price and move back in the other direction. This has happened many times in the past so watch for a possible bounce back.
Related Posts
A possible move on EURCHF as it heads towards resistance
Emerging Channel Up detected on EURCHF – the pattern is an emerging one and has not yet broken…
Important price line being approached by EURAUD. This price has been tested numerous times before.
EURAUD is en route to a very important line that will be a definite deciding factor of what…
A Triangle has formed, EURUSD is approaching resistance. Can we expect a breakout and the start of a new trend or a reversal?
EURUSD is moving towards a support line which it has tested numerous times in the past. We have…