EUR/USD has broken through a resistance line. It has touched this line at least twice in the last 9 days. This breakout may indicate a potential move to 1.0806 within the next 22 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
Related Posts
Could a large bullish move on USDCAD be a sign of things to come?
Those of you that are trend followers are probably eagerly watching USDCAD to see if its latest 3.24%…
EURAUD has broken through a support line. It has touched this line numerous times in the last 6 days.
EURAUD has broken through a support line. It has touched this line numerous times in the last 6…
USDJPY – breach of a trending support line that has been tested at least twice before.
USDJPY has broken through the support line which it has tested twice in the past. We have seen…