The movement of EUR/USD towards 1.0863 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 21 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
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EURAUD is quickly approaching the support line of a Channel Down. We expect either a breakout through this line or a rebound.
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Supports and resistances are primary concepts of technical analysis. GBPJPY is heading for an important price of 192.1150 – read about what this could mean for the future.
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NZDUSD moves higher to 0.57635 in the last 19 hours.
NZDUSD has moved higher by 1.18% from 0.56965 to 0.57635 in the last 19 hours.