EUR/USD has broken through a resistance line. It has touched this line at least twice in the last 5 days. This breakout may indicate a potential move to 1.0937 within the next 15 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
A possible move on GBPJPY as it heads towards support
Emerging Falling Wedge pattern in its final wave was identified on the GBPJPY 1 hour chart. After a…
If you’re short USDCHF you should be aware of the rapidly approaching level of 0.7991
USDCHF is moving towards a key resistance level at 0.7991. USDCHF has previously tested this level 3 times…
GBPJPY is signaling a possible trend reversal on the intraday charts with price not breaching support.
Emerging Rising Wedge detected on GBPJPY – the pattern is an emerging one and has not yet broken…