EUR/USD is moving towards the support line of a Channel Down which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If EUR/USD continues in its current trajectory, we can expect it to reach 1.0904 within the next 2 days.
ARTÍCULOS RELACIONADOS
Will NZDUSD break through the resistance level it tested before?
The price of NZDUSD in heading back to the resistance area. It is possible that it will struggle…
AUDCAD is signaling a possible trend reversal on the intraday charts with price not breaching support.
AUDCAD is heading towards the resistance line of a Channel Down and could reach this point within the…
EURCAD heading towards a price it has tested 5 times in the recent past.
EURCAD is about to retest a key horizontal support level near 1.6072. It has tested this level 5…