EUR/USD is moving towards a resistance line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 5 days and may test it again within the next 12 hours.
Related Posts
USDCHF is currently testing a level of 0.8644. Will the breakout continue or will things reverse?
The breakout of USDCHF through the 0.8644 price line is a breach of an important psychological price that…
Could a large bearish move on AUDUSD be a sign of things to come?
Those of you that are trend followers are probably eagerly watching AUDUSD to see if its latest 5.16%…
GBPCHF is approaching a support line of a Channel Down. It has touched this line numerous times in the last 16 days.
GBPCHF is approaching the support line of a Channel Down. It has touched this line numerous times in…