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 1.0719 may materialize within the next 6 hours.
Related Posts
GBP/USD likely to test 1.2504 in the near future. Where to next?
GBP/USD is about to retest a key horizontal support level near 1.2504. It has tested this level 4…
USD/JPY – It’s perhaps in these huge moves where the greatest opportunity lies
An unexpected large move has occurred on USD/JPY Daily chart beginning at 147.067 and ending at 156.335. Is…
We expect a $320 movement on NZDUSD within the next 4 hours.
Based on past France GDP Growth Rate QoQ 1st Est news events there is a 71.43% chance of…