USD/CAD has broken through a support line. It has touched this line at least twice in the last 24 days. This breakout may indicate a potential move to 1.3489 within the next 4 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
Related Posts
EURJPY has broken through a support line. It has touched this line numerous times in the last 9 days.
EURJPY has broken through a support line. It has touched this line numerous times in the last 9…
A Rising Wedge has formed, EURGBP is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
EURGBP is moving towards a resistance line which it has tested numerous times in the past. We have…
CHFJPY is approaching 186.0470. We expect either a breakout through this line, or a rebound.
CHFJPY is en route to a very important line that will be a definite deciding factor of what…