AUD/USD is heading towards 0.7244 and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
Related Posts
EURJPY – approaching a price line that has been previously tested numerous times in the past
EURJPY is approaching a resistance line at 173.1135. If it hits the resistance line, it may break through…
A possible move on GBPCHF as it heads towards resistance
GBPCHF is heading towards the resistance line of a Channel Up and could reach this point within the…
A possible move on USDJPY as it heads towards support
USDJPY is heading towards the support line of a Falling Wedge. If this movement continues, the price of…