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Big movement expected on Merck & Co. Inc. after a breach of the support

Merck & Co. Inc. has broken through a support line of a Triangle and suggests a possible movement to 81.17 within the next 13 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 8 days.

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Be very careful of upcoming volatility. We expect a $0.104 movement on HG.

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We expect USDCAD to trend upwards with a 66.67% chance.

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