AUD/USD is moving towards a key support level at 0.6483. This is a previously tested level for AUD/USD. This could be a good trading opportunity, either at the spot price, or after breaching this level.
Related Posts
NZDUSD has formed 5 bullish candles successively, what is the probability of getting another bullish candle?
After posting 5 consecutive bullish candles in 6 days, you may start considering where NZDUSD is heading next,…
CHFJPY is quickly approaching the support line of a Descending Triangle. We expect either a breakout through this line or a rebound.
Emerging Descending Triangle pattern in its final wave was identified on the CHFJPY 1 hour chart. After a…
Supports and resistances are primary concepts of technical analysis. EURCAD is heading for an important price of 1.5825 – read about what this could mean for the future.
EURCAD is approaching a resistance line at 1.5825. If it hits the resistance line, it may break through…