EUR/USD has broken through a support line. It has touched this line numerous times in the last 3 days. This breakout shows a potential move to 1.1172 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
Could a large bearish move on GBPCHF be a sign of things to come?
A movement of 1.06% over 15 hours on GBPCHF doesn’t go unnoticed. You may start considering where it’s…
After experiencing 5 consecutive daily bearish candles in the space of 7 days, nobody knows where CHFJPY is headed.
After posting 5 consecutive bearish candles in 7 days, you may start considering where CHFJPY is heading next,…
USDJPY through 149.17000943396226. Is this a confirming a breakout? Will it continue its path in the current trend toward 148.2041?
USDJPY has broken through a support line. It has touched this line at least twice in the last…