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EUR/USD – breach of price line thats been previously tested numerous times before

EUR/USD has broken through a support line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 4 days and suggests a possible target level to be around 1.1380 within the next 5 hours.

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We expect a $0.384 movement on NG within 12 hours following the event release at 18 Jan 07:00.

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FRA40 has broken through resistance of a Triangle. It has touched this line at least twice in the last 13 days.

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