USD/CAD is moving towards the support line of a Triangle. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 3 days and may test it again within the next 20 hours.
Related Posts
Big movement possible on USD/JPY after a breach of 154.4560
The price of USD/JPY in heading in the direction of 152.0906. Despite the recent breakout through 154.4560 it…
We expect USDCAD to trend upwards for the next 4 hours.
We expect a $343 movement on USDCAD within the next 4 hours. We expect USDCAD to trend upwards…
USD/CHF breakout from a Channel Up trade setup. Will it continue this trend to hit the target price?
The breakout of USD/CHF through the support line of a Channel Up could be a sign of the…