EURUSD is heading towards the support line of a Channel Down and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
Supported by Downward sloping Moving Average
Target: 1.0867 Entry: 1.0922 Stop: 1.0953
ASX 225 has broken through a support line of a Descending Triangle chart pattern. If this breakout holds true, we may see the price of ASX 225 testing 7675.6284 within
Emerging Rising Wedge detected on AUDUSD – the pattern is an emerging one and has not yet broken through support, but the price is expected to move up over the
ASX 225 is heading towards the resistance line of a Rising Wedge. If this movement continues, the price of ASX 225 could test 7704.2466 within the next 12 hours. It