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EUR/USD has broken through a resistance line. It has touched this line numerous times in the last 18 days.

EUR/USD has broken through a line of 1.0891 and suggests a possible movement to 1.0934 within the next 4 days. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 18 days.

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We expect GBPUSD to trend upwards for the next 12 hours.

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