EURUSD Bulls Break Trend Line

By: Investija
EURUSD Technical Analysis
Bulls did manage finally to break trend line, however below 1.4048 price level bears are still in good shape. Despite this bulls attempt to climb higher, bears are controlling the current situation. Look for selling possibilities below this barrier, but it should be done with a care for now.



NZDUSDTechnical Analysis
NZDUSD currency pair is moving towards new highs within formed positive channel. Bulls are testing resistance level at 0.7132, at the moment this barrier holds bulls from positive movement extension. Waiting action remains in order to confirm a possible resistance level's breakout.



GBPUSDTechnical Analysis
GBPUSD, even though bulls did manage to break resistance barrier at 1.5974, but bears declined the price and pull back again to resistance level. Bears showed their strength against bulls side whereas negative trend is valid too. At the moment, waiting action is better option to take.