EUR/USD has broken through a support line. It has touched this line numerous times in the last 7 days. This breakout shows a potential move to 1.0756 within the next 23 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
Related Posts
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.
Supports and resistances are primary concepts of technical analysis. EURCHF is heading for an important price of 0.9513 – read about what this could mean for the future.
The price of EURCHF in heading back to the support area. It is possible that it will struggle…
A Channel Up has formed, GBPJPY is approaching resistance. Can we expect a breakout and the start of a new trend or a reversal?
GBPJPY is moving towards a support line which it has tested numerous times in the past. We have…