USD/CAD is heading towards a price line of 1.3348 and could reach this point within the next 5 days. 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.
Related Posts
GBPUSD heading towards a price it has tested 6 times in the recent past.
GBPUSD is moving towards a resistance line. Because we have seen it retrace from this level in the…
USDJPY has broken through resistance of a Channel Down. It has touched this line at least twice in the last 10 days.
USDJPY has broken through a resistance line of a Channel Down chart pattern. If this breakout holds true,…
Important price line breached by AUDJPY. This price has been tested numerous times before.
AUDJPY has breached the resistance line at 94.8925. It may continue the bullish trend towards 95.6070, or, it…