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The economic calendar is almost empty but we will use this as an opportunity to consider currency pairs from a longer-term perspective.
The economic calendar is almost empty but we will use this as an opportunity to consider currency pairs from a longer-term perspective.
It's likely that the pair is going to touch the previously tested resistance at 0.7131. If a pullback from this level happens next...
AUD/CAD met resistance at the line connecting December and March highs.
What will drive the market today?
News will move the market today!
EUR/AUD rose to the 50-week MA around 1.5855 (weekly pivot) but then was rejected down.
AUD/CHF met resistance around 0.7115/20 (50- and 100-days MA).
If you want to stay updated with the most important events and news, then this video is for you!
It's likely that the pair is going to reach the previously tested resistance at 0.7167. If a pullback from this level happens next...
Have a look at the weekly chart: AUD/USD is facing resistance in the 0.7130 area.
Previously, we had a 'Head & Shoulders' pattern, so it's likely that the market is going to achieve...
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Don’t waste your time – keep track of how NFP affects the US dollar and profit!