You would be well advised to confirm the breakout that has just occurred – do you believe the move through support 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
NZDUSD is signaling a possible trend reversal on the intraday charts with price not breaching resistance.
NZDUSD is moving towards a support line which it has tested numerous times in the past. We have…
After testing 0.6495 numerous times, AUDUSD has finally broken through. Can we expect a bearish trend to follow?
AUDUSD has broken through a line of 0.6495. If this breakout holds true, we could see the price…
AUDNZD is quickly approaching the support line of a Channel Down. We expect either a breakout through this line or a rebound.
AUDNZD was identified at around 1.090915 having recently rebounded of the resistance on the 4 hour data interval.…