A Rising Wedge pattern was identified on EURAUD at 1.66369, creating an expectation that it may move to the resistance line at 1.6675. It may break through that line and continue the bullish trend or it may reverse from that line.
Related Posts
Important price line breached by EURUSD. This price has been tested numerous times before.
EURUSD is once again retesting a key horizontal resistance level at 1.0421. It has tested this level 3…
EURAUD has formed 5 bullish candles successively, what is the probability of getting another bullish candle?
After posting 5 consecutive bullish candles in 8 days, you may start considering where EURAUD is heading next,…
GBPCHF is approaching a support line of a Triangle. It has touched this line numerous times in the last 5 days.
Emerging Triangle pattern in its final wave was identified on the GBPCHF 1 hour chart. After a strong…