The price of AUD/USD in heading back to the resistance area. It is possible that it will struggle to break through it and move back in the other direction. The price may eventually break through, but typically the price retreats from the level a number of times before doing so.
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Supports and resistances are primary concepts of technical analysis. EURCAD is heading for an important price of 1.5567 – read about what this could mean for the future.
EURCAD is en route to a very important line that will be a definite deciding factor of what…
Important support line being approached by AUDCAD. This price has been tested numerous time in the last 17 days
AUDCAD was identified at around 0.88591 having recently rebounded of the resistance on the 4 hour data interval.…
After testing resistance twice in the past, EURGBP has finally broken through. Can we expect a bullish trend to follow?
EURGBP has broken through the resistance line which it has tested twice in the past. We have seen…