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BTCUSD – approaching a resistance line that has been previously tested at least twice in the past

BTCUSD is moving towards the resistance line of a Channel Down. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 5 days and may test it again within the next 2 days.

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We expect USDCHF to trend downwards for the next 12 hours.

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Important resistance line being approached by UK100. This price has been tested numerous time in the last 20 days

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