AUD/USD is moving towards a support line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 2 days and may test it again within the next 11 hours.
Related Posts
If USD/CAD touches 1.3463 it may be time to take action.
The price of USD/CAD in heading back to the support area. It is possible that it will struggle…
NZD/USD seems to be on its way to support – a possible opportunity?
NZD/USD is en route to a very important line that will be a definite deciding factor of what…
EUR/USD has broken through a resistance line. It has touched this line numerous times in the last 4 days.
A strong resistance level has been breached at 1.1176 on the 30 Minutes EUR/USD chart. Technical Analysis theory…