Descending Triangle pattern identified on EUR/USD has broken through a support level with the price momentum continuing to move in an downward direction. A solid trading opportunity continues with the price expected to reach 1.0764 in the next 12.
Related Posts
EURAUD is quickly approaching the resistance line of a Channel Down. We expect either a breakout through this line or a rebound.
EURAUD is trapped in a Channel Down formation, implying that a breakout is Imminent. This is a great…
Supports and resistances are primary concepts of technical analysis. USDCAD is heading for an important price of 1.3786 – read about what this could mean for the future.
USDCAD is moving towards a line of 1.3786 which it has tested numerous times in the past. We…
An unexpected large move occurred on EURCAD 1 hour chart. The shift stands out in recent activity.
EURCAD has moved higher by 1.04% from 1.608765 to 1.62552 in the last 2 days.