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)).
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
This website uses cookies
