Tag: AUDUSD

AUDUSD stays above a rising trend line on its 4-hour chart and remains in the uptrend from 0.7412. As long as the trend line support holds, the fall from 0.7605 could be treated as consolidation for the...

AUDUSD is in the uptrend from 0.7412, the pullback from 0.7605 is likely consolidation for the uptrend. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be...

AUDUSD broke above 0.7566 resistance, suggesting that the downside movement from 0.7813 had completed at 0.7412 already. Further rally could be expected in the coming days and next target would be at 0.7625, followed by 0.7700. Support...

AUDUSD failed to break above 0.7566 resistance and stayed in a trading range between 0.7412 and 0.7566. As long as 0.7566 resistance holds, the price action in the range could be treated as consolidation for the downtrend...

AUDUSD is facing 0.7566 resistance. A breakout of this level could trigger another bullish movement towards 0.7650. Support levels are at 0.7445 and 0.7412, below these levels would aim 0.7300 area.

AUDUSD pulled back to 0.7445 area after touching 0.7560 resistance. However, the pullback is likely correction for the uptrend from 0.7412, another rise could be expected after the correction and next target would be at 0.7650 area....

AUDUSD broke above 0.7560 resistance, suggesting that the downside movement from 0.7813 had completed at 0.7412 already. Further rise is still possible after a corrective consolidation and next target would be at 0.7650 area. Support levels are...

AUDUSD is facing 0.7560 resistance. A breakout of this level would confirm that the downside movement from 0.7813 had completed at 0.7412 already, then next target would be at 0.7700 area. On the downside, as long as...