AUD/USD Forecast: Potential Price Rise Ahead?
The price of the Australian dollar broke the downtrend, repeatedly tested it, and formed the supporting level of 0.6590. The price of this asset has already remained in the range for the entire month, yet it has not managed to break its upper side so far. Should the asset’s price rise, it might test a very strong resistance at the level of 0.6871. Time will tell whether this scenario might work out.
The price of Ethereum is gradually heading down. It might eventually target the level of 3360, break it through, and test the downtrend and the supporting level of 2716.
German 10-year government bond yield has reversed and dropped, increasing the bond price. It might potentially get back to the broken uptrend and horizontal level of 2.5%, rebound, and drop. So, let’s observe what might happen next.
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