AUD/USD has broken through a support line. It has touched this line at least twice in the last 23 hours. This breakout may indicate a potential move to 0.6932 within the next 5 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
Related Posts
GBPCHF experienced a very large 36 days bearish move to 1.07788.
GBPCHF hits 1.07788 after a 3.12% move spanning 36 days.
GBPUSD formed a Falling Wedge on the 4 hour chart. Retest of support in sight.
Emerging Falling Wedge detected on GBPUSD – the pattern is an emerging one and has not yet broken…
If you’re long USDCHF you should be aware that 0.7950 has just been breached – a level tested 3 time in the past
USDCHF has broken through a support line. Because we have seen it retrace from this price in the…