AUD/USD has broken through a resistance line of a Channel Down and suggests a possible movement to 0.6576 within the next 4 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 17 days.
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NZDUSD broke through a resistance at 2025-08-05T22:45:00.000Z, with the price momentum continuing to move in an upward direction over the next hours, good opportunity presents itself with the price expected to reach 0.5917.
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