• AUDUSD reversed from resistance level 0.76261
• Likely to fall to support level 0.7470
AUDUSD currency pair recently reversed down with the daily Evening Star from the resistance level 0.76261 intersecting with the 38.2% Fibonacci correction of the downward impulse from the start of May.
The downward reversal from the resistance level 0.76261 started the active short-term corrective wave (b).
AUDUSD can be expected to fall further toward the next support level 0.7470 (low of the previous impulse wave 1).
The monthly ADP labour market report showed that America created 192K new jobs in April, above…
Bears showed strength ahead of the FOMC decision. U.S. indices sagged on Tuesday as investors…
Market Picture Bitcoin's closing price on Tuesday became the lowest since late February, confirming the…
- Ebay under the bearish pressure - Likely to fall to support level 51.00 Ebay…
- GBPAUD reversed from key support level 1.9135 - Likely to rise to resistance level…
Silver has lost 2.6% since the start of the day on Tuesday to $26.4 per…
This website uses cookies
