The movement of EUR/USD towards 1.1290 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 6 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
Related Posts
After testing 0.6467 numerous times, AUDUSD has finally broken through. Can we expect a bullish trend to follow?
AUDUSD is once again retesting a key horizontal resistance level at 0.6467. It has tested this level 4…
EURUSD hits 1.12281 after a 2.49% move spanning 22 days
An unexpected large move has occurred on EURUSD Daily chart beginning at 1.151425 and ending at 1.12281. Is…
CHFJPY – breach of a trending resistance line that has been tested at least twice before.
The last 14 4 hour candles on CHFJPY formed a Triangle pattern and broken out through the pattern…