EUR/USD is moving towards a support 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 13 days and may test it again within the next 3 days.
Related Posts
GBPJPY – approaching a support line that has been previously tested at least twice in the past
Emerging Rectangle detected on GBPJPY – the pattern is an emerging one and has not yet broken through…
A possible move on AUDJPY as it heads towards support
Emerging Descending Triangle detected on AUDJPY – the pattern is an emerging one and has not yet broken…
Will EURCAD break through the support level it tested before?
EURCAD is moving towards a key support level at 1.4837. This is a previously tested level for EURCAD.…