AUD/USD is moving towards the resistance line of a Channel Down. Because we have seen it retrace from this line before, 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 8 hours.
Related Posts
After testing the support line numerous times, AUDJPY is once again approaching this line. Can we expect a bearish trend to follow?
AUDJPY is moving towards a support line. Because we have seen it retrace from this line before, we…
Big movement possible on GBPJPY after a breach of 194.0700
GBPJPY has broken through a resistance line. It has touched this line numerous times in the last 8…
Important support line being approached by AUDCAD. This price has been tested numerous time in the last 13 days
AUDCAD is heading towards the support line of a Falling Wedge and could reach this point within the…