AUDUSD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 0.6933. As long as the trend line resistance holds, the bounce from 0.6736 could be treated as consolidation for the...
AUDUSD’s downside movement from 0.6933 extended to as low as 0.6746. Further decline could be expected after a minor consolidation and next target would be at 0.6700 area. Near term resistance is at 0.6780, above this level...
AUDUSD extended its downside movement from 0.6933 to as low as 0.6800. As long as the price is below the falling trend line on the 4-hour chart, the downside movement could be expected to continue and next...
AUDUSD extended its downside movement from 0.7031 to as low as 0.6817. As long as the price is below the falling trend line on the daily chart, the downside movement could be expected to continue and next...
AUDUSD broke above the falling trend line on the 4-hour chart, suggesting that the downtrend from 0.6933 had completed at 0.6826 already. Further rally could be expected in a couple of days and next target would be...
AUDUSD extended its downside movement from 0.6933 to as low as 0.6826, breaking below 0.6848 support. As long as the price is below the falling trend line on the 4-hour chart, the downside movement could be expected...
AUDUSD is facing 0.6848 support, a breakdown below this level could signal resumption of the downtrend from 0.7031, then next target would be at 0.6800 area. Near term resistance is at 0.6890, above this level could trigger...
AUDUSD moved sideways in a trading range between 0.6848 and 0.6933. As long as 0.6933 resistance holds, the price action in the range could be treated as consolidation for the downtrend from 0.7031, further decline to 0.6800...
AUDUSD is now in the downtrend from 0.7031, further decline would likely be seen and a breakdown below 0.6848 support could trigger further downside movement towards 0.6700. Near term resistance is at 0.6940, only break above this...
AUDUSD extended its upside movement from 0.6848 to as high as 0.6933. Further rise is still possible and next target would be at 0.6960 area. Near term support is at 0.6877, a breakdown below this level could...
