The volatility of the oil price these days questions the previously taken uptrend. Or does it not?
AUD/USD: 'Breakaway Gap' led to new low
Information is not investment advice
There's a 'Breakaway Gap', so we've got a new local low. However, it's likely to have a local downward correction in the short term, so we should keep an eye on the previously tested resistance at 0.7024 as a possible target. If a pullback from this level happens next, bears will probably try to reach another support at 0.6947.
AUD/JPY finds itself at the crossroads of several trends - we will use various time frames to foresee the possible scenarios.
EUR/AUD has been in consolidation lately; are there any clear bullish signs or it is better to hold positions?
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