This trade steup on AUD/USD is formed by a period of consolidation; a period in which the price primarily moves sideways before choosing a new direction for the longer term. Because of the bearish breakout through support, it seems to suggest that we could see the next price move to 0.6529.
ARTÍCULOS RELACIONADOS
After testing 172.2555 numerous times, EURJPY is once again approaching this price point. Can we expect a bullish trend to follow?
A strong resistance level has been identified at 172.2555 on the 30 Minutes EURJPY chart. EURJPY is likely…
A possible move on CHFJPY as it heads towards support
An emerging Falling Wedge has been detected on CHFJPY on the 4 hour chart. There is a possible…
GBPCHF – breach of price line that’s been previously tested numerous times before
GBPCHF has broken through 1.0782 which it has tested numerous times in the past. We have seen it…