Get started

Aud

Bullish rise?GBP/AUD has just bounced off the pivot which acts as a pullback support and could potentially rise to the 1st resistance. Pivot: 1.8916 1st Support: 1.8869 1st Resistance: 1.9060 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
Reacting off pullback resistance?The Aussie (AUD/USD) has reacted off the pivot which has been identified as a pullback resistance and could fall to the 1st support. Pivot: 0.6683 1st Support: 0.6638 1st Resistance: 0.6701 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
Bias still on the upside for UJ,can look at AJ too...Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Do check out my recorded video (in trading ideas) for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! -- ********************************************************************* Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. *********************************************************************
Long
by Shadowing_The_Big_Boys
Heading into overlap resistance, could it reverse from here?EUR/AUD is rising towards the pivot and could reverse to the pullback support. Pivot: 1.61575 1st Support: 1.60790 1st Resistance: 1.62133 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
AUD/USD - H1 Chart - Wedge BreakoutThe AUD/USD FX:AUDUSD pair on the H1 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Wedge pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry: Consider entering a short position around the current price of 0.6644, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 0.6611 2nd Support – 0.6590 Stop-Loss: To manage risk, place a stop-loss order above 0.6663. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Thank you.
Short
by KABHI_TA_TRADING
12
Bearish drop?The Aussie (AUD/USD) is reacting off the pivot which has been identified as a pullback resistance and could drop to the 1st support. Pivot: 0.6651 1st Support: 0.6630 1st Resistance: 0.6667 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
Bearish drop?AUD/CAD is rising towards the pivot which has been identified as a pullback resistance and could drop from this level to the pullback support. Pivot: 0.91309 1st Support: 0.90987 1st Resistance: 0.91553 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
1
If not GDP, then maybe the PCE will force it out of the squeezeWe are currently seeing EASYMARKETS:AUDUSD struggling to find a clear direction, as it continues to sit between two tentative short-term trendlines. Waiting for the US GDP and PCE figures to do something. #audusd Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
by easyMarkets
GBP/AUD has a strong bearish momentum, could it fall further?Price is currently reacting off a resistance level which is a pullback resistance that aligns with the 23.6% Fibonacci retracement and could fall to our take profit. Entry: 1.90535 Why we like it: There is a pullback resistance level which lines up with the 23.6% Fibonacci retracement. Stop loss: 1.91057 Why we like it: There is a pullback resistance level which lines up with the 38.2% Fibonacci retracement. Take profit: 1.89455 Why we like it: There is a pullback support level. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Short
by VantageMarkets
AUD/USD to Surge: Exploiting Soft CPI and Fed Rate Cut DynamicsHello Traders, In today's trading session, we are closely monitoring AUD/USD for a potential buying opportunity around the 0.66100 zone. AUD/USD is currently trading in an uptrend and is in a correction phase, bringing it closer to the key support and resistance area at 0.66100. This level has historically served as a significant pivot point for price action, making it an attractive entry point for long positions. Fundamentally, recent developments have bolstered our outlook for AUD/USD. Yesterday's CPI data came in softer than expected, indicating that inflationary pressures are lower than anticipated. This softer inflation data suggests a more subdued economic environment, reducing the urgency for aggressive monetary tightening by the Federal Reserve. In response to the soft CPI data, the Federal Reserve cut interest rates during the latest FOMC meeting. This dovish move is expected to weigh heavily on the USD, as lower interest rates typically lead to a weaker currency. Consequently, a weaker USD enhances the appeal of the AUD, supporting our bullish view on AUD/USD. Given these fundamental factors, the 0.66100 zone presents a strategic opportunity for buying AUD/USD. Trade safely, Joe
Long
by JoeChampion
9
Bullish rise?AUD/CHF is falling towards the pivot and could bounce to the overlap resistance. Pivot: 0.59186 1st Support: 0.58883 1st Resistance: 0.59720 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
AUDUSD Medium-term sell signalThe AUDUSD pair has been trading sideways since the May 16 High, supported by the 1D MA50 (blue trend-line). The dominant pattern has been a Triangle going back to the October 13 2022 market bottom and the current consolidation is taking place right at the top (Lower Highs trend-line) of the pattern. As you can see, this is quite similar to the Q2-Q3 2023 price action, which after the Triangle top rejection, it declined below the 1.236 Fibonacci extension. Even the 1D RSI sequences between the two fractals look similar. As a result, we turn bearish on this pair, targeting 0.63450 (Fib 1.236 ext). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
1
Bullish bounce off overlap support?GBP/AUD is falling towards a support level which is an overlap support that aligns wit the 78.6% Fibonacci retracement and could bounce from this level to our take profit. Entry: 1.90387 Why we like it: There is an overlap support level which aligns with the 78.6% Fibonacci retracement. Stop loss: 1.89407 Why we like it: There is a pullback support level. Take profit: 1.91601 Why we like it: There is a pullback resistance level which aligns with the 38.2% Fibonacci retracement. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by VantageMarkets
Bearish drop?Aussie (AUD/USD) is rising towards the pivot which acts as a pullback resistance and could reverse to the 1st support. Pivot: 0.6699 1st Support: 0.6631 1st Resistance: 0.6735 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
AUD/USD Starts New Week with Positive Tone,Rebound ExpectedThe AUD/USD pair kicked off the new week on a positive note, hinting at a potential rebound from a significant support area that aligns with the 78.6% Fibonacci retracement level. This comes after a bearish reversal observed last week, which saw the pair correcting from its previous bullish momentum. Recent Trading Activity Last week, we successfully closed a profitable position by capitalizing on the bullish impulse. Our detailed analysis and forecast, available on our page, accurately predicted the upward movement, allowing us to ride the bullish wave to its peak. Technical Analysis Currently, the AUD/USD is showing signs of a potential reversal from the support area. The 78.6% Fibonacci retracement level, known for being a strong support level, adds further weight to this potential rebound. This Fibonacci level is often seen as a critical point where prices tend to find support and reverse, especially after a significant bearish correction. Market Sentiment and Trend Analysis Analyzing the market sentiment, an upside break this week appears marginally more likely than a downside break. This outlook is based on the observation that the trend prior to the formation of the current range was bullish. Typically, when a range forms after a strong trend, the breakout tends to follow the direction of the initial trend. Therefore, the probability of an upward breakout remains slightly higher. Trading Strategy Given the technical indicators and market sentiment, we have decided to open a bullish setup. This setup offers a positive risk/reward (R/R) ratio, making it a viable long-term trade. By positioning ourselves for a potential rebound, we aim to capitalize on the expected upward movement while managing our risk effectively.
Long
by FOREXN1
3
Bullish continuation?The Aussie (AUD/USD) has broken out of a resistance level and could potentially pull back to the pivot and bounce to the 1st resistance. Pivot: 0.6641 1st Support: 0.6592 1st Resistance: 0.6698 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
Heading into 50% Fibonacci resistance?The Aussie (AUD/USD) is rising towards the pivot which has been identified as an overlap resistance and could reverse to the 1st support. Pivot: 0.6641 1st Support: 0.6577 1st Resistance: 0.6675 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
BofA sees Aussie dollar outperforming Bank of America anticipates diverging monetary policy paths between the Reserve Bank of Australia (RBA) and the Swiss National Bank (SNB) after their respective June meetings, with the RBA seen as one of the last major central banks to cut interest rates. The Wall Street bank's view was reinforced by robust Australian labor market data, suggesting potential for the RBA to maintain higher rates for longer. "An unambiguously strong jobs report has further strengthened our conviction in higher-for-longer trades," said Adarsh Sinha, a strategist at Bank of America. Australian employment jumped by 39,700 in May, beating forecasts of 30,000, driven by full-time hiring as unemployment fell, official data showed. "We see this as a good entry point for adding higher-for-longer trades, including our recommendation to buy carry-rich AUD/CHF," Sinha added. Earlier this year, Sinha made similar calls favoring the Australian dollar on expectations the RBA would lag peers in lowering rates. He cited other factors supporting potential Aussie outperformance in 2024, including a less restrictive RBA policy rate versus other economies, bearish China sentiment subsiding, and Australia's solid fiscal position. Elias Haddad, senior markets strategist at Brown Brothers Harriman, said he expected the Aussie to gain ground versus the Canadian dollar too, as the RBA is in no rush to cut rates unlike the Bank of Canada.
by BlackBull_Markets
Looking forward to the RBA decision on TuesdayWatch out for the RBA interest rate decision, which is coming out on Tuesday. Strong moves in AUD are possible. #AUDUSD EASYMARKETS:AUDUSD Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
by easyMarkets
RBA decision: Will the Aussie Dollar break out? RBA decision: Will the Aussie Dollar break out? A potentially interesting week awaits the Aussie dollar, with the Reserve Bank of Australia (RBA) expected to hold its interest rate unchanged. Money markets price around a 97% chance for rates to remain at the current level and only a 3% probability of a 25-basis point cut. Last week, ANZ became the first of the big four banks to push their prediction of a RBA interest rate cut into 2025. The bank now expects the first RBA cash rate reduction to come in February. Before this shift, ANZ was aligned with CBA, NAB, and Westpac in forecasting a cut this November. A look at Aussie price action shows AUD/USD trading within a very mild descending channel formation or a range between 0.6577 and 0.6690. A decisive break above the 20-day Simple Moving Average (SMA) before breaking 0.6709 could indicate an extension higher to a target at 0.6713. A decisive break below the range floor could indicate a follow-through to at least 0.6556.
by BlackBull_Markets