The movement of AUD/USD towards 0.6762 price line is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 10 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
Related Posts
Rare set of bearish consecutive candles on the USDCHF Daily chart. Can we expect a turn-around?
USDCHF has moved lower after 6 consecutive daily candles from 0.8180 to 0.7983 in the last 9 days.
Because EURCAD formed a Channel Up pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher
EURCAD is approaching the resistance line of a Channel Up. It has touched this line numerous times in…
GBPCHF seems to be on its way to support – a possible opportunity?
GBPCHF is moving towards a key support level at 1.0950. GBPCHF has previously tested this level 3 times…