GBP/USD has broken through a support line. It has touched this line numerous times in the last 5 days. This breakout shows a potential move to 1.2482 within the next 12 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
ARTÍCULOS RELACIONADOS
NZDUSD has formed 5 bullish candles successively, what is the probability of getting another bullish candle?
After posting 5 consecutive bullish candles in 6 days, you may start considering where NZDUSD is heading next,…
CHFJPY is quickly approaching the support line of a Descending Triangle. We expect either a breakout through this line or a rebound.
Emerging Descending Triangle pattern in its final wave was identified on the CHFJPY 1 hour chart. After a…
Supports and resistances are primary concepts of technical analysis. EURCAD is heading for an important price of 1.5825 – read about what this could mean for the future.
EURCAD is approaching a resistance line at 1.5825. If it hits the resistance line, it may break through…