You would be well advised to confirm the breakout that has just occurred – do you believe the move through support to be significant? Do you have confirming indicators that the price momentum will continue? If so, look for a target of 193.6981 but consider reducing the size of your position as the price gets closer to that target.
ARTÍCULOS RELACIONADOS
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…
EURUSD is quickly approaching the support line of a Triangle. We expect either a breakout through this line or a rebound.
EURUSD is moving towards a support line. Because we have seen it retrace from this line before, we…