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After testing the support line numerous times, GER30 is once again approaching this line. Can we expect a bearish trend to follow?

The movement of GER30 towards the support line of a Channel Down is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current levels.

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LTCBTC – approaching a price line that has been previously tested numerous times in the past

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After testing 0.6801 numerous times, AUD/USD is once again approaching this price point. Can we expect a bullish trend to follow?

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