The breakout of USD/CAD through the support line of a Triangle could be a sign of the road ahead. If this breakout persists, we expect the price of USD/CAD to test 1.3127 within the next 6 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
ARTÍCULOS RELACIONADOS
We expect GBPUSD to trend upwards for the next 2 hours.
Based on the last 12 GDP Growth Rate QoQ Prel events in United Kingdom, GBPUSD could experience an…
USD/JPY has broken through support of a Rising Wedge. It has touched this line at least twice in the last 4 days.
You would be well advised to confirm the breakout that has just occurred – do you believe the…
GBP/USD – breach of a trending resistance line that has been tested at least twice before.
GBP/USD has broken through a resistance line. It has touched this line at least twice in the last…