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 0.8608 but consider reducing the size of your position as the price gets closer to that target.
ARTÍCULOS RELACIONADOS
AUDUSD – breach of a trending support line that has been tested at least twice before.
AUDUSD has broken through a support line of a Descending Triangle and suggests a possible movement to 0.6461…
AUDNZD moves higher to 1.11437 in the last 2 days.
Those of you that are trend followers are probably eagerly watching AUDNZD to see if its latest 0.8%…
After trying numerous times in the past, CHFJPY finally breaks 174.3430!
The price of CHFJPY in heading in the direction of 173.4600. Despite the recent breakout through 174.3430 it…