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 1.0344 may materialize within the next 15 hours.
Related Posts
Rare set of bullish consecutive candles on the GBPJPY Daily chart. Can we expect a turn-around?
After posting 7 consecutive bullish candles in 8 days, you may start considering where GBPJPY is heading next,…
AUDCAD is currently testing a level of 0.8983. Will the breakout continue or will things reverse?
AUDCAD has broken through 0.8983 which it has tested numerous times in the past. We have seen it…
EURJPY through 172.33276470588237. Is this a confirming a breakout? Will it continue its path in the current trend toward 173.2395?
Ascending Triangle pattern identified on EURJPY has broken through a resistance level with the price momentum continuing to…