The movement of EUR/USD towards 1.0863 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 21 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
Related Posts
A very large move was recorded on AUDCAD. The size of the shift is exceptional.
AUDCAD reached 0.909115 after a 0.94% move spanning 2 days.
EURAUD is quickly approaching the resistance line of a Channel Down. We expect either a breakout through this line or a rebound.
EURAUD is trapped in a Channel Down formation, implying that a breakout is Imminent. This is a great…
Supports and resistances are primary concepts of technical analysis. USDCAD is heading for an important price of 1.3786 – read about what this could mean for the future.
USDCAD is moving towards a line of 1.3786 which it has tested numerous times in the past. We…