Aurum Markets Blog Technical Analysis AUDUSD approaches important level of 0.6275

AUDUSD approaches important level of 0.6275

AUDUSD approaches important level of 0.6275 post thumbnail image

The movement of AUDUSD towards 0.6275 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 10 hours, 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: 0.6275 Entry: 0.6285 Stop: 0.629

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Post