The movement of AUDNZD towards the support line of a Channel Down is yet another test of the line it reached numerous times in the past. This line test could 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 levels.
Related Posts
If you’re short USDJPY you should be aware of the rapidly approaching level of 149.0890
A strong resistance level has been identified at 149.0890 on the 1 hour USDJPY chart. USDJPY is likely…
Important resistance line being approached by EURJPY. This price has been tested numerous time in the last 12 days
Emerging Channel Up detected on EURJPY – the pattern is an emerging one and has not yet broken…
GBPJPY has broken through a level it has tested 5 times in the recent past.
GBPJPY is once again retesting a key horizontal resistance level at 199.4810. It has tested this level 5…