AUDUSD recently reversed down from the resistance zone lying between the resistance level 0.6880, upper daily Bollinger Band and the 50% Fibonacci correction of the previous downward impulse 1 from July.
The downward reversal from this resistance zone completed the previous short-term ABC correction (ii).
AUDUSD is expected to fall further and retest the next support level 0.6800 (former top of the earlier corrective wave (a)).
- GBPUSD reversed from strong support level 1.2665 - Likely to rise to resistance level…
- USDCAD broke resistance level 1.3950 - Likely to rise to resistance level 1.4050 USDCAD…
The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
Cryptocurrencies continued to surge, pushing the total cap to $3 trillion. Bitcoin has gained nearly…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
This website uses cookies