EUR/USD has broken through the support line of a Triangle technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 8 days and suggests a possible target level to be around 1.0795 within the next 2 days.
ARTÍCULOS RELACIONADOS
USDJPY formed a Rising Wedge on the 1 hour chart. Retest of resistance in sight.
Emerging Rising Wedge detected on USDJPY – the pattern is an emerging one and has not yet broken…
Important price line being approached by NZDUSD. This price has been tested numerous times before.
NZDUSD is moving towards a support line. Because we have seen it retrace from this level in the…
After testing the resistance line numerous times, GBPJPY is once again approaching this line. Can we expect a bullish trend to follow?
Emerging Rising Wedge detected on GBPJPY – the pattern is an emerging one and has not yet broken…