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Breach of support could mean a start of a bearish trend on Travelers Cos Inc.

Travelers Cos Inc. has broken through a support line of a Channel Up chart pattern. If this breakout holds true, we expect the price of Travelers Cos Inc. to test 91.57 within the next 2 days. But don’t be so quick to trade, it has tested this line in the past, so you should probably confirm the breakout before placing any trades.

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We expect a 2,140 pip movement on PA within 4 hours following the event release.

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

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