The price of EUR/USD in heading back to the resistance area. It is possible that it will struggle to break through it and move back in the other direction. The price may eventually break through, but typically the price retreats from the level a number of times before doing so.
ARTÍCULOS RELACIONADOS
AUDCAD – approaching a resistance line that has been previously tested at least twice in the past
The movement of AUDCAD towards the resistance line of a Triangle is yet another test of the line…
USDJPY is approaching 147.0125. We expect either a breakout through this line, or a rebound.
USDJPY is about to retest a key horizontal support level near 147.0125. It has tested this level 4…
EURJPY is signaling a possible trend reversal on the intraday charts with price not breaching resistance.
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