AUD/USD has broken through a line of 0.6693. If this breakout holds true, we could see the price of AUD/USD heading towards 0.6623 within the next 4 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any trades.
Related Posts
A Channel Down has formed, USDJPY is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
USDJPY was identified at around 147.209 having recently rebounded of the support on the 1 hour data interval.…
USDCAD is currently testing a level of 1.3670. Will the breakout continue or will things reverse?
USDCAD has breached the support line at 1.3670. It may continue the bearish trend towards 1.3587, or, it…
A possible move by GBPCHF towards 1.0692
GBPCHF has broken through the support line which it has tested twice in the past. We have seen…