EUR/USD has broken through a support line. It has touched this line at least twice in the last 23 hours. This breakout may indicate a potential move to 0.9907 within the next 7 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
Related Posts
EURGBP has formed 6 bullish candles successively, what is the probability of getting another bullish candle?
After posting 6 consecutive bullish candles in 7 days, you may start considering where EURGBP is heading next,…
After trying numerous times in the past, AUDCAD finally breaks 0.8564!
A strong resistance level has been breached at 0.8564 on the 15 Minutes AUDCAD chart. Technical Analysis theory…
NZDUSD is signaling a possible trend reversal on the intraday charts with price not breaching support.
Emerging Falling Wedge detected on NZDUSD – the pattern is an emerging one and has not yet broken…