USD/CAD has broken through a support line of a Triangle chart pattern. If this breakout holds true, we may see the price of USD/CAD testing 1.3578 within the next 6 days. 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.
ARTÍCULOS RELACIONADOS
After testing the resistance line numerous times, GBPJPY is once again approaching this line. Can we expect a bullish trend to follow?
Emerging Rising Wedge detected on GBPJPY – the pattern is an emerging one and has not yet broken…
EURUSD is quickly approaching the support line of a Triangle. We expect either a breakout through this line or a rebound.
EURUSD is moving towards a support line. Because we have seen it retrace from this line before, we…
EURJPY – approaching a price line that has been previously tested numerous times in the past
EURJPY is approaching a resistance line at 173.1135. If it hits the resistance line, it may break through…