AUDUSD: ⬆️ Buy
– AUDUSD broke daily Falling Wedge
– Likely to rise to resistance level 0.6615
AUDUSD currency pair recently broke the resistance trendline of the daily Falling Wedge from the middle of September.
The breakout of this Falling Wedge continues the active short-term correction ii, which stared earlier from the key multi-month support level 0.6420 (which has been reversing the price from May).
Given the clear daily uptrend, AUDUSD currency pair can be expected to rise further to the next resistance level 0.6615 (target price for the completion of the active wave ii).
Welcome to Pro News Weekly! Here’s what is driving the markets this week: 💵 The…
Strong US macro data and wide rate spreads boost the dollar, pressuring EURUSD and gold;…
We have outlined the 10 best forex trading strategies with clear logic, real-world context, and…
Bitcoin holds near $95.5K as the market steadies but hasn't confirmed a exit from correction…
CHFJPY: ⬇️ Sell - CHFJPY reversed from resistance zone - Likely to fall to support level…
WTI Crude Oil: ⬇️ Sell - WTI Crude Oil rising inside minor impulse wave (1) -…
This website uses cookies