GBPUSD has broken through a line of 1.2684 and suggests a possible movement to 1.2731 within the next 20 hours. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 6 days.
Supported by Upward sloping Moving Average
Target: 1.2731 Entry: 1.2694 Stop: 1.2676
NZDUSD is heading towards the support line of a Channel Down and could reach this point within the next 3 days. It has tested this line numerous times in the
A strong resistance level has been identified at 1.0680 on the 1 hour EURUSD chart. EURUSD is likely to test it soon. Supported by Upward sloping Moving Average Target: 1.068
The price of USDCAD in heading back to the resistance area. It is possible that it will struggle to break through it and move back in the other direction. The