EUR/USD has broken through a support line. It has touched this line numerous times in the last 15 days. This breakout shows a potential move to 0.9853 within the next 3 days. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
Related Posts
GBPCHF is quickly approaching the resistance line of a Rising Wedge. We expect either a breakout through this line or a rebound.
A Rising Wedge pattern was identified on GBPCHF at 1.14495, creating an expectation that it may move to…
Interesting opportunity on AUDJPY after breaking 93.73977777777779
Triangle pattern identified on AUDJPY has broken through a resistance level with the price momentum continuing to move…
Is the extremely large movement on EURCAD a sign of things to come?
EURCAD has moved higher by 5.33% from 1.48387 to 1.56292 in the last 23 days.