There is a line in the sand across FX.
$AUDUSD is sat below 72. Trading well below week before last. Last week it and has recovered momentarily. A close above the red line increases probabilities of higher
(thread)
$AUDUSD is sat below 72. Trading well below week before last. Last week it and has recovered momentarily. A close above the red line increases probabilities of higher
(thread)
$EURJPY has traded three weeks negative and last week see an attempt of recovery. A weekly & #39;close& #39; above red line 124 could see further upside.
$EURUSD has been in a range and broke below week before last in a similar position to $AUDUSD and $EURJPY trading and close on weekly above red line 1770 could see 118 which then increases probabilities of an attempt to trade higher.