AUDUSD 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 isn’t clear whether it will breach this line or rebound as it did before. If AUDUSD continues in its current trajectory, we could see it reach 0.6861 within the next 2 days.
Supported by Upward sloping Moving Average
Target: 0.6861 Entry: 0.6788 Stop: 0.6738
ASX 225 has broken through a resistance line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading.
Emerging Falling Wedge detected on LTCUSD – the pattern is an emerging one and has not yet broken through resistance, but the price is expected to move up over the
The movement of LTCUSD towards the resistance line of a Ascending Triangle is yet another test of the line it reached numerous times in the past. This line test could