GBPUSD has broken through the support line of a Channel Up technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 15 days and suggests a possible target level to be around 1.2668 within the next 3 days.
Supported by Downward sloping Moving Average
Target: 1.2668 Entry: 1.2699 Stop: 1.2801
USDCHF has broken through a resistance line. It has touched this line numerous times in the last 13 days. This breakout shows a potential move to 0.8567 within the next
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
NZDUSD has breached the support line at 0.6037. It may continue the bearish trend towards 0.6006, or, it may prove to be yet another test of this level. Supported by