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 1.2668 but consider reducing the size of your position as the price gets closer to that target.
ARTÍCULOS RELACIONADOS
GBPUSD heading towards a price it has tested 6 times in the recent past.
GBPUSD is moving towards a resistance line. Because we have seen it retrace from this level in the…
USDJPY has broken through resistance of a Channel Down. It has touched this line at least twice in the last 10 days.
USDJPY has broken through a resistance line of a Channel Down chart pattern. If this breakout holds true,…
Important price line breached by AUDJPY. This price has been tested numerous times before.
AUDJPY has breached the resistance line at 94.8925. It may continue the bullish trend towards 95.6070, or, it…