AUD/USD has broken through a support line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 7 days and suggests a possible target level to be around 0.6820 within the next 2 days.
Related Posts
Interesting opportunity on USD/CAD after breaking 1.3732249999999997
You would be well advised to confirm the breakout that has just occurred – do you believe the…
We expect GBPUSD to trend upwards with a 71.43% chance.
Based on the last 12 ISM Manufacturing PMI events in United States, we could see a $1950 movement…
If you’re short AUD/USD you should be aware of the rapidly approaching level of 0.6689
AUD/USD is heading towards 0.6689 and could reach this point within the next 20 hours. It has tested…