EUR/USD is moving towards a resistance line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 2 days and may test it again within the next 7 hours.
Related Posts
NZDUSD is signaling a possible trend reversal on the intraday charts with price not breaching support.
Emerging Falling Wedge detected on NZDUSD – the pattern is an emerging one and has not yet broken…
AUDUSD moves lower to 0.59866 in the last 22 days.
A movement of 6.18% over 22 days on AUDUSD doesn’t go unnoticed. You may start considering where it’s…
Supports and resistances are primary concepts of technical analysis. GBPUSD is heading for an important price of 1.2950 – read about what this could mean for the future.
GBPUSD is about to retest a key horizontal resistance level near 1.2950. It has tested this level 7…