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After testing support twice in the past, BTCEUR has finally broken through. Can we expect a bearish trend to follow?

The breakout of BTCEUR through the support line of a Triangle could be a sign of the road ahead. If this breakout persists, we expect the price of BTCEUR to test 6555.5121 within the next 7 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.

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FRA40 is quickly approaching 5775.5000. We expect either a breakout through this line, or a rebound.

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Breach of support could mean a start of a bearish trend on USD/JPY

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