EUR/USD has broken through a resistance line. It has touched this line numerous times in the last 4 days. This breakout shows a potential move to 1.0889 within the next 18 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
Related Posts
Could a large bullish move on AUDCAD be a sign of things to come?
AUDCAD hits 0.90781 after a 0.58% move spanning 11 hours.
Important price line breached by AUDUSD. This price has been tested numerous times before.
A strong support level has been breached at 0.6334 on the 1 hour AUDUSD chart. Technical Analysis theory…
GBPJPY – approaching a support line that has been previously tested at least twice in the past
Emerging Rectangle detected on GBPJPY – the pattern is an emerging one and has not yet broken through…