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Tag - aud - australian dollar
The market broke all the Moving Averages and there's no any reversal pattern so far. In this case, we should watch the next resistance...
Where will the aussie and the kiwi go?
It's likely to have an upward price movement towards the previously tested resistance towards the 89 Moving Average...
The most significant events that will shake markets
The last support is located at 0.7020.
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There's a local 'V-Top' pattern, so the market is likely going to continue declining towards the next support...
The market sentiment is on!
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We've got a 'V-Bottom', so the market is likely going to reach the previously tested resistance at 0.7205...
AUD/CHF met resistance in the 0.7200 area and then turned down.