Platinum is to drop soon
Platinum is likely to bounce back down after it reaches the local resistance level.
AUD/USD reversed from resistance level 0.7440
- AUD/USD reversed from resistance level 0.7440
- Next sell target - 0.7350
AUD/USD recently reversed down from strong resistance level 0.7440 (former support level which reversed the price twice in May). The downward reversal from this resistance level started the active intermediate impulse wave (3) – which belongs to the primary impulse sequence from January. AUD/USD is expected to fall further toward the next sell target at the next support level 0.7350.
Dmitry Chernovolov
Similar
USDJPY is in a correction after checking the local support level.
The US dollar is currently in a correction, but is likely to continue the trend down.
The USD/CAD on a bullish reversal
The USD started the day dropping against the Canadian dollar, now on a bullish reversal.
Latest news
GBP/CAD is insatiable
GBP/CAD has broken above the ascending triangle, which is now providing support in the 1.7100/1.7060 area.
EUR/NZD: the short-term downtrend
EUR/NZD has been descending since the middle of October when it recoiled down from the resistance line connecting 2015 and 2018 highs.
Platinum is to drop soon
Platinum is likely to bounce back down after it reaches the local resistance level.
Deposit with your local payment systems
