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
A very large move was recorded on AUDNZD. The size of the shift is exceptional.
AUDNZD just posted a 0.9% move over the past 14 hours – a move that won’t go unnoticed…
A final push possible on USDCHF as it starts approaching a price line of 0.8097.
USDCHF is moving towards a key resistance level at 0.8097. This is a previously tested level for USDCHF.…
USDJPY formed a Rising Wedge on the 1 hour chart. Retest of resistance in sight.
Emerging Rising Wedge detected on USDJPY – the pattern is an emerging one and has not yet broken…