The breakout of AUD/USD through the 0.6958 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of AUD/USD to test 0.6937 within the next 17 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
ARTÍCULOS RELACIONADOS
We expect USDCAD to trend upwards for the next 4 hours.
We expect a $343 movement on USDCAD within the next 4 hours. We expect USDCAD to trend upwards…
USD/CHF breakout from a Channel Up trade setup. Will it continue this trend to hit the target price?
The breakout of USD/CHF through the support line of a Channel Up could be a sign of the…
GBP/USD is currently testing a level of 1.2518. Will the breakout continue or will things reverse?
GBP/USD has broken through a line of 1.2518. If this breakout holds true, we could see the price…