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A quick move expected on US30 as it starts approaching a resistance line of a Channel Up

US30 is heading towards the resistance line of a Channel Up and could reach this point within the next 6 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 levels.

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USD/CAD – approaching a support line that has been previously tested at least twice in the past

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Important resistance line being approached by USD/CHF. This price has been tested numerous time in the last 7 days

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