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A possible move on BCHUSD as it heads towards support

Emerging Falling Wedge pattern in its final wave was identified on the BCHUSD 1 hour chart. After a strong bearish run, we find BCHUSD heading towards the upper triangle line with a possible resistance at 317.5275. If the support shows to hold, the Falling Wedge pattern suggests a rebound back towards current levels.

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Because EURCAD formed a Channel Up pattern, we expect it to touch the support line. If it breaks through support it may move much lower

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We expect USDJPY to trend downwards today with a 66.67% chance.

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