EUR/USD dropped sharply for 28 days – which is an excessively big movement for this instrument; exceeding the 98% of past price moves. Even if this move is a sign of a new trend in EUR/USD there is a chance that we will witness a correction, no matter how brief.
ARTÍCULOS RELACIONADOS
A Triangle has formed, EURUSD is approaching resistance. Can we expect a breakout and the start of a new trend or a reversal?
EURUSD is moving towards a support line which it has tested numerous times in the past. We have…
CHFJPY is approaching a support line of a Falling Wedge. It has touched this line numerous times in the last 8 days.
CHFJPY is trapped in a Falling Wedge formation, implying that a breakout is Imminent. This is a great…
Important price line being approached by NZDUSD. This price has been tested numerous times before.
A strong resistance level has been identified at 0.5947 on the 1 hour NZDUSD chart. NZDUSD is likely…