AUD/USD has broken through a line of 0.6938. If this breakout holds true, we expect the price of AUD/USD to test 0.6977 within the next 3 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any trades.
Related Posts
After testing support twice in the past, USDJPY has finally broken through. Can we expect a bearish trend to follow?
USDJPY has broken through a support line of a Channel Up chart pattern. If this breakout holds true,…
NZDUSD is quickly approaching a very important level it has previously tested numerous times in the past
NZDUSD is moving towards a support line. Because we have seen it retrace from this level in the…
EURCAD is currently testing a level of 1.6117. Will the breakout continue or will things reverse?
The price of EURCAD in heading in the direction of 1.6156. Despite the recent breakout through 1.6117 it…