AUD/USD has broken through a support line. It has touched this line at least twice in the last 5 days. This breakout may indicate a potential move to 0.6399 within the next 13 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
USDJPY is approaching 147.0125. We expect either a breakout through this line, or a rebound.
USDJPY is about to retest a key horizontal support level near 147.0125. It has tested this level 4…
EURJPY is signaling a possible trend reversal on the intraday charts with price not breaching resistance.
EURJPY is trapped in a Channel Down formation, implying that a breakout is Imminent. This is a great…
AUDUSD likely to test 0.6470 in the near future. Where to next?
AUDUSD is approaching a support line at 0.6470. If it hits the support line, it may break through…