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AUD/USD 1H Chart: Falling Wedge

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Nov 13, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    USDJPY 4H Chart: Channdl Up The US Dollar is currently testing the ascending channel's support line, a confirmation of which is likely to send the USD/JPY soaring towards the monthly R2 at 123.50. A breach of this resistance would allow the Buck to retest the channel's upper boarder somewhere between 124.00 and 125.00 in the near future. Contrariwise, if the Greenback fails to find support in face of the up-trend today, the 200-period SMA (also bolstered by the weekly PP and monthly R1) could

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