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 price of USDCAD in heading back to the support area. It is possible that it will struggle to break through it and move back in the other direction. The
Emerging Rising Wedge detected on USDCHF – the pattern is an emerging one and has not yet broken through support, but the price is expected to move up over the
GBPUSD is moving towards a resistance line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it