EURUSD has broken through a line of 1.0361. If this breakout holds true, we could see the price of EURUSD heading towards 1.0261 within the next 2 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirm the breakout before placing any trades.
Supported by Downward sloping Moving Average
Target: 1.0261 Entry: 1.0328 Stop: 1.0387
ABCD Fibonacci pattern identified at 10/23 21:30. This pattern is still in the process of forming. Possible bullish price movement towards target levels ranging from 333.49 to 386.73 within the
Broke through Support level of 0.6478 at 10/17 02:00. Possible bearish price movement forecast for the next 22 hours towards 0.6446. Target: 0.6499 Entry: Stop: 0.6472
The movement of USDJPY towards the support line of a Channel Down is yet another test of the line it reached numerous times in the past. This line test could