AUDUSD is moving towards a support line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 2 days and may test it again within the next 9 hours.
Supported by Downward sloping Moving Average
Target: 0.6771 Entry: 0.6786 Stop: 0.6797
The movement of EURUSD towards the support line of a Falling Wedge is yet another test of the line it reached numerous times in the past. This line test could
This trade setup on LTCUSD is formed by a period of consolidation; a period in which the price primarily moves sideways before choosing a new direction for the longer term.
DOW 30 is en route to a very important line that will be a definite deciding factor of what is to come! We may see this trajectory continue to touch