AUD/USD is moving towards a support 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 18 hours.
ARTÍCULOS RELACIONADOS
Supports and resistances are primary concepts of technical analysis. AUDJPY is heading for an important price of 96.3410 – read about what this could mean for the future.
AUDJPY is heading towards 96.3410 and could reach this point within the next 2 days. It has tested…
Rare set of bearish consecutive candles on the USDCAD Daily chart. Can we expect a turn-around?
USDCAD has moved lower after 4 consecutive daily candles from 1.4713 to 1.4308 in the last 5 days.
EURUSD is quickly approaching the resistance line of a Triangle. We expect either a breakout through this line or a rebound.
Emerging Triangle detected on EURUSD – the pattern is an emerging one and has not yet broken through…