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BCHAUD is approaching 507.2700. We expect either a breakout through this line, or a rebound.

BCHAUD is heading towards a line of 507.2700. If this movement continues, the price of BCHAUD could test 507.2700 within the next 3 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.

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After testing 0.6762 numerous times, NZD/USD has finally broken through. Can we expect a bearish trend to follow?

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