Those of you that are trend followers are probably eagerly watching AUDNZD to see if its latest 0.8% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 2 days move.
Related Posts
AUDNZD has broken through a resistance line. It has touched this line numerous times in the last 8 days.
AUDNZD has broken through a resistance line. It has touched this line numerous times in the last 8…
A possible move on USDCHF as it heads towards support
USDCHF is moving towards a support line which it has tested numerous times in the past. We have…
A Channel Up has formed, NZDUSD is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
Emerging Channel Up pattern in its final wave was identified on the NZDUSD 4 hour chart. After a…