You would be well advised to confirm the breakout that has just occurred – do you believe the move through resistance to be significant? Do you have confirming indicators that the price momentum will continue? If so, look for a target of 0.5986 but consider reducing the size of your position as the price gets closer to that target.
ARTÍCULOS RELACIONADOS
AUDUSD – It’s perhaps in these huge moves where the greatest opportunity lies
An unexpected large move has occurred on AUDUSD Daily chart beginning at 0.613325 and ending at 0.650335. Is…
Breach of 0.9375 could mean a start of a bullish trend on EURCHF
EURCHF has broken through 0.9375 which it has tested numerous times in the past. We have seen it…
NZDUSD experienced 5 consecutive daily bullish candles to reach a price of 0.6012
NZDUSD has experienced an exceptionally large amount of consecutive bullish candles to reach a price of 0.6012 in…