• AUDUSD reversed from resistance level 0.6850
• Likely to fall to support level 0.9870
AUDUSD currency pair recently reversed down from the key resistance level 0.6850 (former strong support which reversed the pair sharply in May and June).
The downward reversal from the resistance level 0.6850 stopped the earlier minor ABC correction (ii).
Given the clear daily downtrend, AUDUSD can be expected to fall further toward the next support level 0.9870 (low of the previous minor impulse wave i).
- GBPUSD reversed from strong support level 1.2665 - Likely to rise to resistance level…
- USDCAD broke resistance level 1.3950 - Likely to rise to resistance level 1.4050 USDCAD…
The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
Cryptocurrencies continued to surge, pushing the total cap to $3 trillion. Bitcoin has gained nearly…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
This website uses cookies