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BCHEUR is quickly approaching 356.8700. We expect either a breakout through this line, or a rebound.

BCHEUR is heading towards a line of 356.8700. If this movement continues, we expect the price of BCHEUR to test 356.8700 within the next 7 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.

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We expect a 2,890 pip movement on EMD within 48 hours following the event release.

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We expect NG to trend upwards today with a 75% chance.

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