GER30 has broken through a line of 15046.0000 and suggests a possible movement to 14468.0000 within the next 4 days. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 57 days.
Related Posts
Interesting opportunity on USD/JPY after breaking 157.73863636363637
The last 5 1 hour candles on USD/JPY formed a Flag pattern and broken out through the pattern…
We expect a $361 movement on USDCHF within the next 12 hours.
Based on the last 12 Retail Sales MoM events in United States, we could see a $361 movement…
Supports and resistances are primary concepts of technical analysis. GBP/USD is heading for an important price of 1.2657 – read about what this could mean for the future.
GBP/USD is about to retest a key horizontal support level near 1.2657. It has tested this level 3…