• AUDUSD reversed from resistance level 0.7530
• Likely to fall to support level 0.7430
AUDUSD currency pair recently reversed down from the pivotal resistance level 0.7530 (which has been reversing the price from last October), intersecting with the upper daily Bollinger Band.
The resistance zone near the resistance level 0.7530 was further strengthened by the 61.8% Fibonacci correction of the downward impulse from last year.
AUDUSD can be expected to fall further toward the next support level 0.7430 (top of the previous minor correction (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