EURUSD Forecast April 18, 2017, Technical Analysis
The EURUSD pair rally during the day on Monday and relatively thin conditions as Europeans would’ve been celebrating Easter Monday.
The EURUSD pair rally during the day on Monday and relatively thin conditions as Europeans would’ve been celebrating Easter Monday.
The AUDUSD pair rallied during the Monday session, testing the 0.76 level.
The USD/CAD pair fell during the session on Wednesday, crashing into the 1.3250 level.
AUDUSD broke above 0.7514 resistance, indicating that the downward movement from 0.7679 had completed at 0.7473 already.
GBPUSD broke out below the lower line of the triangle pattern on 4-hour chart,
AUDUSD remains in downtrend from 0.7679.
The EURUSD pair initially tried to rally during the day on Friday, but then broke down below the 1.06 handle during the day.
The Australian dollar fell hard during the session on Friday, crashing into the 0.75 handle.
AUDUSD broke below 0.7587 support, indicating that the downtrend from 0.7749 has resumed.
EURUSD’s upward movement from 1.0494 extended to as high as 1.0905.