AUD/USD is moving towards a resistance line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 6 days and may test it again within the next 21 hours.
ARTÍCULOS RELACIONADOS
Supports and resistances are primary concepts of technical analysis. GBP/USD is heading for an important price of 1.2657 – read about what this could mean for the future.
GBP/USD is about to retest a key horizontal support level near 1.2657. It has tested this level 3…
AUD/USD has broken through resistance of a Ascending Triangle. It has touched this line at least twice in the last 4 days.
AUD/USD has broken through the resistance line which it has tested twice in the past. We have seen…
NZD/USD seems to be on its way to support – a possible opportunity?
NZD/USD is about to retest a key horizontal support level near 0.6102. It has tested this level 4…