AUD/USD has broken through a support line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 21 hours and suggests a possible target level to be around 0.6818 within the next 5 hours.
Related Posts
If you’re short EURCAD you should be aware of the rapidly approaching level of 1.5802
The movement of EURCAD towards 1.5802 price line is yet another test of the line it reached numerous…
GBPCHF experienced a very large 13 days bullish move to 1.096545
A movement of 2.78% over 13 days on GBPCHF doesn’t go unnoticed. You may start considering where it’s…
CHFJPY – approaching a support line that has been previously tested at least twice in the past
Emerging Falling Wedge detected on CHFJPY – the pattern is an emerging one and has not yet broken…