AUD/USD has broken through a support line of a Rising Wedge chart pattern. If this breakout holds true, we may see the price of AUD/USD testing 0.6900 within the next 2 days. 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.
Related Posts
Will EURCAD break through the support level it tested before?
EURCAD is moving towards a key support level at 1.4837. This is a previously tested level for EURCAD.…
EURGBP – It’s perhaps in these huge moves where the greatest opportunity lies
Those of you that are trend followers are probably eagerly watching EURGBP to see if its latest 0.32%…
Bulls aim for 1.2540 after the GBPUSD triggered a bearish formation on the 4 hour chart
The breakout of GBPUSD through the support line of a Rising Wedge could be a sign of the…