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Breach of resistance could mean a start of a bullish trend on ADAUSD

ADAUSD has broken through a resistance line of a Triangle chart pattern. If this breakout holds true, we may see the price of ADAUSD testing 1.3702 within the next 9 hours. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any action.

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NAS100 has broken through support of a Triangle. It has touched this line at least twice in the last 16 days.

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We expect a 66 pip movement on USDCAD within 48 hours following the event release.

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