The movement of ASX 225 towards 8480.0000 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
Supported by Downward sloping Moving Average
Target: 8480 Entry: 8508.3 Stop: 8544.584
Emerging Channel Up pattern in its final wave was identified on the AUDUSD 4 hour chart. After a strong bearish run, we find AUDUSD heading towards the upper triangle line
The price of NZDUSD in heading back to the support area. It is possible that it will struggle to break through it and move back in the other direction. The
Broke through Support level of 1.1486 at 11/26 04:00. Possible bearish price movement forecast for the next 3 days towards 1.1377. Target: 1.1516 Entry: Stop: 1.1424