The price of EUR/USD in heading in the direction of 1.0865. Despite the recent breakout through 1.0844 it is possible that it will struggle to gain momentum to the forecast price and move back in the other direction. This has happened many times in the past so watch for a possible bounce back.
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A very large move was recorded on AUDCAD. The size of the shift is exceptional.
AUDCAD reached 0.909115 after a 0.94% move spanning 2 days.
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Supports and resistances are primary concepts of technical analysis. USDCAD is heading for an important price of 1.3786 – read about what this could mean for the future.
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