EUR/USD is moving towards a resistance line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 6 days and may test it again within the next 18 hours.
Related Posts
GBPCHF is signaling a possible trend reversal on the intraday charts with price not breaching support.
A Channel Down pattern was identified on GBPCHF at 1.07373, creating an expectation that it may move to…
EURAUD seems to be on its way to support – a possible opportunity?
A strong support level has been identified at 1.7737 on the 30 Minutes EURAUD chart. EURAUD is likely…
A possible move on GBPJPY as it heads towards support
Emerging Falling Wedge pattern in its final wave was identified on the GBPJPY 1 hour chart. After a…