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Big movement expected on BTCAUD after a breach of the resistance

BTCAUD has broken through a resistance line of a Falling Wedge and suggests a possible movement to 10919.8097 within the next 5 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 16 hours.

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We expect a $0 movement on RU within 4 hours following the event release at 10 Dec 10:00.

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We expect CC to trend upwards for the next 48 hours.

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