The AUDUSD starts the week with a minimal upside rebound in an upward direction near the 0.6500 price mark. Indications from trading indicators are suggesting that price action may gather more upside traction as trading activities continue during the week. Major Price Levels: Resistance Levels: …
The selling pressure is pushing the market closer toward the $0.01 psychological price level, and as the market nears this level, the pull and push on the price at this level are reaching a deadlock. But with the market nearing the key psychological price level, the likelihood of the market …
Although the price retracement has been ongoing for the past four days, momentum is building up at the $0.011 price level for a bullish comeback. So far, the retracement has almost brought the market back to the $0.01 price level. The market is likely to rebound at a slightly higher price level, to …
