• AUDUSD broke key support level 0.6700
• Likely to fall to support level 0.6600
AUDUSD currency pair recently broke the key support level 0.6700 (previous monthly low from July, which also reversed the pair earlier this month).
The breakout of the support level 0.6700 continues the (c)-wave of the intermediate B-wave from the start of last month.
Given the clear daily downtrend, AUDUSD can be expected to fall further toward the next support level 0.6600 (target for the completion of the active sub-impulse wave (i)).
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