EUR/USD has broken through a support line. It has touched this line numerous times in the last 6 days. This breakout shows a potential move to 1.0895 within the next 12 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
Related Posts
USDJPY – breach of a trending support line that has been tested at least twice before.
USDJPY has broken through the support line which it has tested twice in the past. We have seen…
NZDUSD experienced a very large 34 days bearish move to 0.59631
Those of you that are trend followers are probably eagerly watching NZDUSD to see if its latest 6.02%…
GBPUSD – breach of price line that’s been previously tested numerous times before
GBPUSD has broken through a resistance line. Because we have seen it retrace from this price in the…