EUR/USD has broken through a support line. It has touched this line at least twice in the last 2 days. This breakout may indicate a potential move to 1.1041 within the next 5 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
Related Posts
AUD/USD is quickly approaching a very important level it has previously tested numerous times in the past
AUD/USD is moving towards a key resistance level at 0.6938. This is a previously tested level for AUD/USD.…
Will USD/JPY break through the resistance level it tested before?
USD/JPY is moving towards a key resistance level at 144.6830. This is a previously tested level for USD/JPY.…
Big movement possible on USD/CHF after a breach of 0.8458
USD/CHF has broken through 0.8458 which it has tested numerous times in the past. We have seen it…