• AUDUSD reversed from round support level 0.7000
• Likely to rise to resistance level 0.7200
AUDUSD currency pair recently reversed up from the round support level 0.7000, intersecting with the lower weekly Bollinger Band.
The support zone near the support level 0.7000 was further strengthened by the 38.2% Fibonacci correction of the weekly upward impulse I from the start of 2020.
Given the strength of the nearby support level 0.7000 and oversold weekly Stochastic, can be expected to rise further toward the next resistance level 0.7200.
- Adobe reversed from support zone - Likely to rise to resistance level 500.00 Adobe…
- EURJPY reversed from support zone - Likely to rise to resistance level 0.8625 EURGBP…
USDJPY was slipping below 153 on Friday morning, a three-week low and having lost over…
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…
This website uses cookies