AUDUSD continues to after the earlier downward reversal from the resistance area lying between the strong resistance level 0.7300 (which stopped the previous correction (4)), 30-week moving average and the 61.8% Fibonacci correction of the previous downward impulse from August.
The downward reversal from this resistance area is aligned with the strong downtrend that can be seen on the weekly AUDUSD charts.
AUDUSD is expected to fall further and re-test the next support level 0.7200 (which reversed the price earlier this month).
The dollar experienced a sell-off but rallied back up by the end of the week.…
The new week will be packed with economic data and decisions from key central banks.…
Despite economic factors working against the dollar, its oversold condition helped it this week or…
USDCAD: ⬇️ Sell - USDCAD reversed from key resistance level 1.4500 - Likely to fall…
Solana: ⬆️ Buy - Solana reversed from the long-term support level 113.75 - Likely to…
Adobe: ⬇️ Sell - Adobe broke round support level 400.00 - Likely to fall to…
This website uses cookies
