• AUDUSD broke support level 0.6660
• Likely to fall to support level 0.6600
AUDUSD recently broke the key support level 0.6660 (which stopped the earlier B-wave in December) intersecting with the 50% Fibonacci correction of the upward impulse from October.
The breakout of the support level 0.6660 accelerated the active C-wave of the intermediate ABC correction (B) from the start of February.
AUDUSD can be expected to fall further to the next support level 0.6600 (which reversed the pair in the middle of November).
- Nasdaq 100 reversed from strong support level 21000.00 - Likely to rise to resistance…
- USDJPY reversed from key support level 156.35 - Likely to rise to resistance level…
The recent declines in US indices may have broken the bullish trend, indicated by technical…
The dollar has paused its strengthening, as weaker-than-expected inflation data reduces fear of future Fed…
Bitcoin finds support near the 50-day moving average, but further declines in the stock market…
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
This website uses cookies