AUD/USD rose sharply for 21 days – which is an excessively big movement for this instrument; exceeding the 98% of past price moves. Even if this move is a sign of a new trend in AUD/USD there is a chance that we will witness a correction, no matter how brief.
Related Posts
GBPJPY is signaling a possible trend reversal on the intraday charts with price not breaching support.
Emerging Rising Wedge detected on GBPJPY – the pattern is an emerging one and has not yet broken…
After testing the resistance line numerous times, AUDCAD is once again approaching this line. Can we expect a bullish trend to follow?
Emerging Channel Up detected on AUDCAD – the pattern is an emerging one and has not yet broken…
Important price line being approached by EURCAD. This price has been tested numerous times before.
EURCAD is moving towards a resistance line. Because we have seen it retrace from this level in the…