– AUDUSD reversed from support level 0.6360
– Likely to rise to resistance level 0.6500
AUDUSD today reversed up strongly from the strong support level 0.6360 (pervious monthly low from August), intersecting with the lower daily Bollinger Band and the support trendline of the wide down channel from February.
The upward reversal from the support level 0.6360 stopped the active short-term impulse wave 5, which belongs to wave (C) from the end of August.
Given the strength of the support level 0.6360, AUDUSD can be expected to rise further toward the next resistance level 0.6500 (top of the pervious waves a and 4 from the end of August).
Crypto markets remain volatile; Bitcoin faces selling pressure, XRP slips, Monero surges, and market signals…
CHFJPY: ⬆️ Buy - CHFJPY reversed from support area - Likely to rise to resistance…
Exxon Mobil: ⬆️ Buy - Exxon Mobil reversed from support area - Likely to rise…
Welcome to Pro News Weekly! Here’s what is shaping the markets: 💵 The U.S. dollar…
• EURUSD falls due to geopolitics and expectations of tariff removal • Gold returns to…
Platinum: ⬇️ Sell - Platinum reversed from pivotal resistance level 150.00 - Likely to fall to…
This website uses cookies