USD/CAD is heading towards a line of 1.3338. If this movement continues, the price of USD/CAD could test 1.3338 within the next 22 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.
Related Posts
USDJPY is approaching 147.0125. We expect either a breakout through this line, or a rebound.
USDJPY is about to retest a key horizontal support level near 147.0125. It has tested this level 4…
EURJPY is signaling a possible trend reversal on the intraday charts with price not breaching resistance.
EURJPY is trapped in a Channel Down formation, implying that a breakout is Imminent. This is a great…
AUDUSD likely to test 0.6470 in the near future. Where to next?
AUDUSD is approaching a support line at 0.6470. If it hits the support line, it may break through…