USD/CAD has broken through a resistance line of a Triangle chart pattern. If this breakout holds true, we may see the price of USD/CAD testing 1.2574 within the next 21 hours. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any action.
Related Posts
Because EURGBP formed a Channel Down pattern, we expect it to touch the support line. If it breaks through support it may move much lower
EURGBP is heading towards the support line of a Channel Down and could reach this point within the…
Important price line being approached by EURAUD. This price has been tested numerous times before.
The price of EURAUD in heading back to the resistance area. It is possible that it will struggle…
Important support line being approached by USDCHF. This price has been tested numerous time in the last 13 days
Emerging Channel Down pattern in its final wave was identified on the USDCHF 4 hour chart. After a…