The breakout of EUR/USD through the 1.1349 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, EUR/USD could test 1.1408 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout.
Related Posts
EURJPY – Large moves like this tend to draw attention.
EURJPY reached 172.4555 after a 0.79% move spanning 11 hours.
EURAUD is quickly approaching the resistance line of a Channel Down. We expect either a breakout through this line or a rebound.
EURAUD was identified at around 1.780935 having recently rebounded of the support on the 4 hour data interval.…
EURCHF reached 0.936355 after a 0.33% move spanning 6 hours.
EURCHF recorded an exceptional 0.33% move over the last 6 hours. Whether you follow trends or look for…