The movement of AUD/USD towards 0.6620 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 6 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
Related Posts
USD/CAD moves higher to 1.3562 in the last 4 hours.
Those of you that are trend followers are probably eagerly watching USD/CAD to see if its latest 0.55%…
USD/CHF likely to test 0.8511 in the near future. Where to next?
USD/CHF is about to retest a key horizontal resistance level near 0.8511. It has tested this level 4…
USD/JPY has broken through resistance of a Channel Down. It has touched this line at least twice in the last 21 hours.
You would be well advised to confirm the breakout that has just occurred – do you believe the…