EUR/USD The price demonstrated a huge drop supported by the large volume and broke out the previous level of support, which is a great bearish signal. Besides it, we need to point out the new level of resistance, which was created during this move. It’s 1.1104 – 1.1114. Hence, we …
Posted BySamuel Morton
Category Daily FX Analysis
AUDUSD – 1 Hour Chart As suggested in yesterday’s chart analysis, price has continued to be bearish and move lower. The AUDUSD is down-trending. The moving averages are bearish and steady, signalling that the downtrend could continue. Selling opportunities may exist around the moving averages, around any of …