AUDUSD was identified at around 0.67117 having recently rebounded of the resistance on the 1 hour data interval. Ultimately, the price action of the stock has formed a Channel Down pattern. This squeeze may increases the chances of a strong breakout. The projected movement will potentially take the price to around the 0.6682 level.
Supported by Downward sloping Moving Average
Target: 0.6682 Entry: 0.6712 Stop: 0.6733
USDCAD is heading towards the support line of a Falling Wedge and could reach this point within the next 2 days. It has tested this line numerous times in the
The breakout of FTSE 100 through the 8267.0996 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists,
USDJPY 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 and