AUD/USD has broken through the resistance line of a Channel Down technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 3 days and suggests a possible target level to be around 0.6823 within the next 13 hours.
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AUDCAD experienced a very large 9 hours bearish move to 0.91067.
AUDCAD has moved lower by 0.65% from 0.91662 to 0.91067 in the last 9 hours.
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