EUR/USD has broken through a support line of a Rising Wedge chart pattern. If this breakout holds true, we expect the price of EUR/USD to test 1.1233 within the next 17 hours. But don’t be so quick to trade, it has tested this line in the past, so you should probably confirm the breakout before placing any trades.
Did you know that our social media feeds are updated only 3x per day, and don’t look at short term movements?
If you open a live account with a broker that support Autochartist, you’ll get:Analysis as low as 15 minute data intervals Short term forecasts Risk and volatility information