The breakout of AUD/USD through the 0.6819 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of AUD/USD to test 0.6796 within the next 19 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
ARTÍCULOS RELACIONADOS
After testing the resistance line numerous times, AUDUSD is once again approaching this line. Can we expect a bullish trend to follow?
An emerging Rising Wedge has been detected on AUDUSD on the 1 hour chart. There is a possible…
USDCAD – approaching a price line that has been previously tested numerous times in the past
USDCAD is about to retest a key horizontal resistance level near 1.4453. It has tested this level 7…
EURCAD moves higher to 1.5358 in the last 10 hours.
Those of you that are trend followers are probably eagerly watching EURCAD to see if its latest 1.26%…