EUR/USD has broken through a resistance line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 23 days and suggests a possible target level to be around 1.1102 within the next 5 days.
Related Posts
After testing 1.5567 numerous times, EURCAD is once again approaching this price point. Can we expect a bearish trend to follow?
EURCAD is moving towards a support line. Because we have seen it retrace from this level in the…
AUDCAD is approaching a resistance line of a Channel Down. It has touched this line numerous times in the last 8 days.
AUDCAD is trapped in a Channel Down formation, implying that a breakout is Imminent. This is a great…
Could a large bearish move on AUDNZD be a sign of things to come?
AUDNZD experienced an extremely large move that lasted 4. This movement is in the 2.0 percentile and is…