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A quick move expected on BCHCAD as it starts approaching a support line of a Triangle

BCHCAD is heading towards the support line of a Triangle and could reach this point within the next 21 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 levels.

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AUD/USD Target Level: 0.6901

AUD/USD Target Level: 0.6901

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SPX500 is approaching a resistance line of a Falling Wedge. It has touched this line numerous times in the last 4 days.

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