The last 7 4 hour candles on USD/CAD formed a Triangle pattern and broken out through the pattern lines, indicating a possible bearish movement towards the price level of 1.3722.
Breach of support could mean a start of a bearish trend on USD/CAD
ARTÍCULOS RELACIONADOS
AUDUSD – breach of a trending support line that has been tested at least twice before.
AUDUSD has broken through a support line of a Descending Triangle and suggests a possible movement to 0.6461…
AUDNZD moves higher to 1.11437 in the last 2 days.
Those of you that are trend followers are probably eagerly watching AUDNZD to see if its latest 0.8%…
After trying numerous times in the past, CHFJPY finally breaks 174.3430!
The price of CHFJPY in heading in the direction of 173.4600. Despite the recent breakout through 174.3430 it…