The movement of EUR/USD towards 1.1162 price line is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
Related Posts
A possible move on GBPUSD as it heads towards resistance
GBPUSD is heading towards the resistance line of a Channel Up and could reach this point within the…
AUDCAD – approaching a price line that has been previously tested numerous times in the past
AUDCAD is heading towards 0.8914 and could reach this point within the next 2 days. It has tested…
Interesting opportunity on EURCAD after breaking 1.56095
Triangle pattern identified on EURCAD has broken through a support level with the price momentum continuing to move…