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
EURUSD is quickly approaching the resistance line of a Rising Wedge. We expect either a breakout through this line or a rebound.
The movement of EURUSD towards the resistance line of a Rising Wedge is yet another test of the…
USDCAD is currently testing a level of 1.3666. Will the breakout continue or will things reverse?
The breakout of USDCAD through the 1.3666 price line is a breach of an important psychological price that…
EURAUD is approaching a resistance line of a Channel Up. It has touched this line numerous times in the last 3 days.
Emerging Channel Up pattern in its final wave was identified on the EURAUD 30 Minutes chart. After a…