• AUDCHF reversed from pivotal support level 0.6900
• Likely to rise to resistance level 0.7000
AUDCHF currency pair today reversed up sharply from the pivotal support level 0.6900 (which stopped the previous corrective wave (iv) at the end of March).
The support zone near the support level 0.6900 is strengthened by the 38.2% Fibonacci correction of the upward price impulse from the end of February.
Given the strong daily uptrend – AUDCHF currency pair can be expected to rise further toward the next round resistance level 0.7000.
- EURJPY under strong bearish pressure - Likely to fall to support level 163.10 EURJPY…
- WTI broke round support level 80.00 - Likely to fall to support level 76.00…
The monthly ADP labour market report showed that America created 192K new jobs in April, above…
Bears showed strength ahead of the FOMC decision. U.S. indices sagged on Tuesday as investors…
Market Picture Bitcoin's closing price on Tuesday became the lowest since late February, confirming the…
- Ebay under the bearish pressure - Likely to fall to support level 51.00 Ebay…
This website uses cookies