AUD/USD has broken through the support line of a Triangle 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 0.6783 within the next 5 hours.
ARTÍCULOS RELACIONADOS
AUDJPY seems to be on its way to resistance – a possible opportunity?
AUDJPY is moving towards a key resistance level at 97.8900. This is a previously tested level for AUDJPY.…
USDCHF experienced a very large 2 days bullish move to 0.796105.
USDCHF just posted a 1.05% move over the past 2 days – a move that won’t go unnoticed…
Breach of resistance could mean a start of a bullish trend on AUDUSD
AUDUSD has broken through the resistance line which it has tested twice in the past. We have seen…