Market Breakdowns: AUD/USD Below Key Support [Video]

03/19/2018 14:16:05 GMT|ByTroy Scott

AUD/USD is now below key weekly support at 0.7750, and having made lower highs and lower lows, we see this pair sliding much lower, possibly towards 0.7500.

EUR/JPY is also in bearish territory, having rejected the 132.00 handle, and we expect a pullback before price continues to head south. This pair has recently changed sentiments and is now bearish on the higher timeframes

Looking at cryptocurrencies, we see some more bearish movement, before these turn bullish again. We look at Litecoin, which is currently retracing before resuming its push higher.

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Analysis

Market Breakdowns: AUD/USD Below Key Support [Video]

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