Breach of resistance could mean a start of a bullish trend on AUD/USD

AUD/USD has broken through a resistance line of a Flag chart pattern. If this breakout holds true, we may see the price of AUD/USD testing 0.7006 within the next 5 hours. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any action.

Receive the latest alerts via email

Hand-Picked Top-Read Stories

ADAUSD is quickly approaching the resistance line of a Channel Down. We expect either a breakout through this line or a rebound.

Bulls aim for 0.9398 after the EURCHF triggered a bearish formation on the 1 hour chart

After experiencing a 28.06% bearish move in the space of 26 days, nobody knows where Natural Gas is headed.

Trending Tags

Breach of resistance could mean a start of a bullish trend on AUD/USD

Previous Post

After testing 3753.5000 numerous times, E-mini S&P 500 SEPTEMBER 2022 has finally broken through. Can we expect a bullish trend to follow?

Next Post

Soybeans AUGUST 2022 has broken through support of a Descending Triangle. It has touched this line at least twice in the last 20 days.

Bulls aim for 0.9398 after the EURCHF triggered a bearish formation on the 1 hour chart

AUDJPY is currently testing a level of 91.4090. Will the breakout continue or will things reverse?

Could a large bearish move on EURGBP be a sign of things to come?

Receive the latest alerts via email

Breach of resistance could mean a start of a bullish trend on AUD/USD

Previous Post

Next Post

Related Posts