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GER30 – approaching a support line that has been previously tested at least twice in the past

GER30 is moving towards the support 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 6 days and may test it again within the next 11 hours.

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Important price line being approached by USD/CAD. This price has been tested numerous times before.

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After testing the support line numerous times, Verizon Communications Inc. is once again approaching this line. Can we expect a bearish trend to follow?

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