AUD/USD is heading towards a line of 0.6589. If this movement continues, the price of AUD/USD could test 0.6589 within the next 21 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.
Related Posts
AUDNZD has broken through a resistance line. It has touched this line numerous times in the last 8 days.
AUDNZD has broken through a resistance line. It has touched this line numerous times in the last 8…
A possible move on USDCHF as it heads towards support
USDCHF is moving towards a support line which it has tested numerous times in the past. We have…
A Channel Up has formed, NZDUSD is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
Emerging Channel Up pattern in its final wave was identified on the NZDUSD 4 hour chart. After a…