• AUDUSD broke key resistance level 0.6870
• Likely to rise to resistance level 0.6960
AUDUSD currency pair recently broke above the key resistance level 0.6870 (which stopped wave (iv) at the start of this month).
The breakout of the resistance level 0.6870 coincided with the breakout of the 50% Fibonacci correction of the downward impulse from June.
AUDUSD can be expected to rise further toward the next resistance level 0.6960 (target price for the completion of the active correction (ii)).
Market picture The crypto market capitalisation fell by 1.7% in 24 hours to $2.29 trillion,…
- USDJPY reversed from support zone - Likely to rise to resistance level 155.65 USDJPY…
- Gold reversed from support zone - Likely to rise to resistance level 2400.00 Gold…
The number of operating oil rigs in the US fell by 7 to 499. This…
Market picture Crypto market capitalisation has been up 2% over the past seven days and…
- Adobe reversed from support zone - Likely to rise to resistance level 500.00 Adobe…
This website uses cookies