The breakout of LTCAUD through the 65.6900 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of LTCAUD to test 61.0540 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
After testing 65.6900 numerous times, LTCAUD has finally broken through. Can we expect a bearish trend to follow?
