EURUSD is moving towards a support line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If EURUSD continues in its current trajectory, we could see it reach 1.0763 within the next 6 hours.
Supported by Downward sloping Moving Average
Target: 1.0763 Entry: 1.0806 Stop: 1.0832
USDJPY is en route to a very important line that will be a definite deciding factor of what is to come! We may see this trajectory continue to touch and
You would be well advised to confirm the breakout that has just occurred – do you believe the move through resistance to be significant? Do you have confirming indicators that
Rising Wedge pattern identified on AUDUSD has broken through a support level with the price momentum continuing to move in an downward direction. A solid trading opportunity continues with the