Emerging Channel Up detected on EURUSD – the pattern is an emerging one and has not yet broken through support, but the price is expected to move up over the next few hours. The price at the time the pattern was found was 1.09029 and it is expected to move to 1.0972.
Supported by Upward sloping Moving Average
Target: 1.0972 Entry: 1.0903 Stop: 1.0872
The breakout of LTCUSD through the support line of a Channel Up could be a sign of the road ahead. If this breakout persists, we may see the price of
USDCHF has broken through a support line. It has touched this line numerous times in the last 5 days. This breakout shows a potential move to 0.9086 within the next
NZDUSD 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