AUDUSD recently reversed up from the support area lying between the long-term support level 0.6675 (which has been reversing the price from the start of 2019) and the lower daily Bollinger Band.
The upward reversal from this support area stopped the earlier short-term impulse wave (i) from last month.
Given the bullish Stochastic divergence – AUDUSD is likely to rise further toward the next resistance level 0.6775 (top of the previous correction (iv)).
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
This website uses cookies
