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It’s time to make a decision on LTCUSD – its recent breach of 124.0500 could be a sign of a new trend to follow.

LTCUSD has broken through a resistance line. It has touched this line numerous times in the last 6 days. This breakout shows a potential move to 132.3820 within the next 2 days. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.

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Because ASX 200 formed a Channel Down pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher

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We expect a 258 pip movement on CC within 4 hours following the event release.

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