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A final push expected on BCHAUD as it starts approaching a price line of 351.6500.

BCHAUD is heading towards a price line of 351.6500 and could reach this point within the next 8 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current lines.

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After testing 0.6275 numerous times, NZD/USD is once again approaching this price point. Can we expect a bearish trend to follow?

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FRA40 is quickly approaching 12.4800. We expect either a breakout through this line, or a rebound.

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