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Important resistance line being approached by EUR/USD. This price has been tested numerous time in the last 14 days

EUR/USD is moving towards the resistance line of a Rising Wedge which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If EUR/USD continues in its current trajectory, we can expect it to reach 1.1110 within the next 3 days.

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We expect NZDUSD to trend downwards today.

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BCHAUD is quickly approaching the support line of a Channel Up. We expect either a breakout through this line or a rebound.

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