Receive the latest alerts via email

EURJPY formed a Channel Up on the 1 hour chart. Retest of resistance in sight.

The movement of EURJPY towards the resistance line of a Channel Up is yet another test of the line it reached numerous times in the past. This line test could 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 levels.

Total
0
Shares
Previous Post

We expect CC to trend downwards for the next 12 hours.

Next Post

After testing the support line numerous times, Gold Spot is once again approaching this line. Can we expect a bearish trend to follow?

Related Posts