Interesting situation for the pairs, in addition to return to the previous low, shows a regular divergence. Follow the situation closely, waiting for a confirmation from the price action.
AUD / CHF back again on dynamic resistance. We have seen currency pair bounced inside the channel for nearly two months. Monitor closely the price movements in the 0.7630 to 0.7680 area. A new bounce or overcoming this could be good opportunities to invest in the pair.
Buyers are trying to buy the Euro at 1.5200 area. A negative test average could provide excellent opportunities for sales. If the moving average 21 were to be exceeded on the upside, we could see a restart of prices up to the important resistance level. Carefully follow the price movement.
Price movements in the Australian dollar showed important signals. We are facing a major area of resistance and a long-term dynamic support. The breakout of one of these levels would lead to important signals for our future operability. Follow closely what will happen in this price compression.
Watch carefully at the 1.4350 area over the coming days. A confirmed breakout could see strong euro appreciation.
Copper has broken an important level of support. False or real breakout? The next price movements should provide this important information.