AUD/USD has broken through a support line. It has touched this line numerous times in the last 26 days. This breakout shows a potential move to 0.6607 within the next 4 days. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
Related Posts
EURJPY – approaching a price line that has been previously tested numerous times in the past
EURJPY is approaching a resistance line at 173.1135. If it hits the resistance line, it may break through…
A possible move on GBPCHF as it heads towards resistance
GBPCHF is heading towards the resistance line of a Channel Up and could reach this point within the…
A possible move on USDJPY as it heads towards support
USDJPY is heading towards the support line of a Falling Wedge. If this movement continues, the price of…