– AUDUSD reversed from support level 0.6400
– Likely to rise to resistance level 0.6500
AUDUSD currency pair recently reversed up from the key support level 0.6400, which also reversed the pair In November, standing near the lower daily Bollinger Band and the support trendline of the daily down channel from February.
The upward reversal from the support level 0.6400 stopped the earlier short-term impulse wave 3 from the middle of July.
Given the strength of the support level 0.6400 and the oversold daily Stochastic, AUDUSD can be expected to rise further toward the next resistance level 0.6500.
- Nasdaq 100 reversed from strong support level 21000.00 - Likely to rise to resistance…
- USDJPY reversed from key support level 156.35 - Likely to rise to resistance level…
The recent declines in US indices may have broken the bullish trend, indicated by technical…
The dollar has paused its strengthening, as weaker-than-expected inflation data reduces fear of future Fed…
Bitcoin finds support near the 50-day moving average, but further declines in the stock market…
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
This website uses cookies