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Important price line being approached by General Electric Co.. This price has been tested numerous times before.

General Electric Co. is moving towards a line of 76.52 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If General Electric Co. continues in its current trajectory, we may see it move towards 76.52 within the next 9 hours.

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Breach of resistance could mean a start of a bullish trend on EUR/USD

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We could expect GC to trend downwards right now.

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