EUR/USD has broken through a support line. It has touched this line numerous times in the last 10 days. This breakout shows a potential move to 1.0781 within the next 2 days. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
Related Posts
USDJPY formed a Rising Wedge on the 1 hour chart. Retest of resistance in sight.
Emerging Rising Wedge detected on USDJPY – the pattern is an emerging one and has not yet broken…
Important price line being approached by NZDUSD. This price has been tested numerous times before.
NZDUSD is moving towards a support line. Because we have seen it retrace from this level in the…
After testing the resistance line numerous times, GBPJPY is once again approaching this line. Can we expect a bullish trend to follow?
Emerging Rising Wedge detected on GBPJPY – the pattern is an emerging one and has not yet broken…