The movement of EUR/USD towards 1.0783 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 12 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
Related Posts
Could a large bearish move on AUDNZD be a sign of things to come?
AUDNZD hits 1.0843 after a 0.72% move spanning 11 hours.
EURCAD may be on a start of a new bullish trend after its breakout through this important resistance level
EURCAD has broken through a resistance line. Because we have seen it retrace from this price in the…
A Falling Wedge has formed, AUDJPY is approaching resistance. Can we expect a breakout and the start of a new trend or a reversal?
AUDJPY is heading towards the support line of a Falling Wedge and could reach this point within the…