EUR/USD has broken through the support line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 1.0675 may materialize within the next 13 hours.
Related Posts
Breach of resistance could mean a start of a bullish trend on GBPJPY
GBPJPY has broken through a resistance line of a Flag and suggests a possible movement to 199.9516 within…
Important price line breached by USDCHF. This price has been tested numerous times before.
USDCHF has broken through a line of 0.7991. If this breakout holds true, we could see the price…
GBPCHF is signaling a possible trend reversal on the intraday charts with price not breaching support.
A Channel Down pattern was identified on GBPCHF at 1.07373, creating an expectation that it may move to…