AUDUSD’s bounce from 0.7020 extended to as high as 0.7337. Further rally is still possible in a couple of weeks and next target would be at 0.7500 area. Support is at 0.7160, only a breakdown below this...
AUDUSD is facing 0.7302 resistance, a breakthrough this level could signal resumption of the uptrend from 0.7020, then further rise towards 0.7400 could be seen. Near term support is at 0.7245, a breakdown below this level could...
AUDUSD’s bounce from 0.7164 extended to as high as 0.7278, breaking above 0.7250 resistance. Further rise towards 0.7302 previous high is possible and a breakout of this level could take the price to 0.7350 area. Support is...
AUDUSD is now in the downtrend from 0.7302, the bounce from 0.7164 is likely corrective consolidation for the downtrend. Another fall could be expected after the consolidation and a breakdown below 0.7164 support could take the price...
AUDUSD broke below the bullish trend line on the 4-hour chart, suggesting that the upside movement from 0.7020 had completed at 0.7302 already. Further decline could be expected after a minor consolidation and next target would be...
AUDUSD pulled back to 0.7215 area. Deeper decline is still possible and next target would be at bullish trend line on the 4-hour chart. However, as long as the trend line support holds, the pullback could be...
AUDUSD broke above the bearish trend line on the daily chart, suggesting that the downside movement from 0.8135 had completed at 0.7020 already. Further rally would likely be seen after a minor consolidation and next target would...
AUDUSD extended its upside movement from 0.7020 to as high as 0.7302. Further rise is still possible and next target would be at 0.7340 area. Support is at 0.7220, a breakdown below this level would indicate that...
AUDUSD broke above 0.7258 resistance and extended its upside movement from 0.7020 to as high as 0.7299. Further rise is still possible and next target would be at 0.7340 area. Near term support is at 0.7200, followed...
AUDUSD failed to break above 0.7258 resistance and stayed in a trading range between 0.7180 and 0.7258. Support is at 0.7180, as long as this level holds, the price action in the range could be treated as...
