EUR/USD is moving towards a line of 1.0668 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If EUR/USD continues in its current trajectory, we may see it move towards 1.0668 within the next 2 days.
Related Posts
EURAUD – It’s perhaps in these huge moves where the greatest opportunity lies
EURAUD experienced an extremely large move that lasted 2. This movement is in the 3.0 percentile and is…
GBPUSD is quickly approaching the support line of a Falling Wedge. We expect either a breakout through this line or a rebound.
An emerging Falling Wedge has been detected on GBPUSD on the 1 hour chart. There is a possible…
EURCHF – approaching a price line that has been previously tested numerous times in the past
EURCHF is moving towards a key support level at 0.9517. This is a previously tested level for EURCHF.…