AUDUSD is heading towards the support line of a Falling Wedge and could reach this point within the next 6 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
Supported by Downward sloping Moving Average
Target: 0.6448 Entry: 0.6466 Stop: 0.6479
An emerging Triangle has been detected on EURUSD on the 1 hour chart. There is a possible move towards 1.0428 next few candles. Once reaching support it may continue its
Broke through Support level of 60.24 at 11/4 10:15. Possible bearish price movement forecast for the next 16 hours towards 59.84. Target: 61.2 Entry: Stop: 60.15
The last 5 15 Minutes candles on FTSE 100 formed a Triangle pattern and broken out through the pattern lines, indicating a possible bullish movement towards the price level of