• AUDUSD reversed from resistance zone
• Likely to fall to support level 0.7400
AUDUSD currency pair recently reversed down from the resistance zone located between the key resistance levels 0.7545 (June high) and 0.7595 (October barrier)
The downward reversal from this resistance zone created the daily Japanese candlesticks reversal pattern Bearish Engulfing.
Having just broken the support level 0.7465 – AUDUSD can be expected to fall further toward the next support level 0.7400.
Market picture Crypto market capitalisation rose 3.3% in 24 hours to $2.22 trillion. Local capitalisation…
- EURJPY under strong bearish pressure - Likely to fall to support level 163.10 EURJPY…
- WTI broke round support level 80.00 - Likely to fall to support level 76.00…
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…
This website uses cookies