The most recent move to the upside saw price test a topside trendline resistance, where sellers leaned and capped the rally near 0.66197. The resulting pullback found support in a familiar swing area between 0.6588 and 0.65945, helping define a key near-term risk level for dip buyers. Holding this zone keeps the short-term bias in favor of the upside and could lead to new highs for the year..
Meanwhile, a renewed push above the trendline resistance near 0.6620 would give buyers further momentum
This article was written by Greg Michalowski at investinglive.com.Hence then, the article about audusd stalls at trendline resistance after bullish breakout what next was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( AUDUSD stalls at trendline resistance after bullish breakout. What next? )
Also on site :
- Baystate Health doctor on probation after lewd behavior inside his office
- ‘Seekers Of Infinite Love’ Review: Hannah Einbinder and Justin Theroux Star In Smart Cult Comedy That’s Worthy Of A Cult Of Its Own – SXSW
- The U.S. Mint just dropped the olive branch from the dime. What does that mean for the country?