EUR/USD has broken through a resistance line of a Triangle chart pattern. If this breakout holds true, we expect the price of EUR/USD to test 1.1158 within the next 6 hours. But don’t be so quick to trade, it has tested this line in the past, so you should probably confirm the breakout before placing any trades.
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…