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LTCUSD – approaching a price line that has been previously tested numerous times in the past

LTCUSD is moving towards a resistance line. Because we have seen it retrace from this level in the past, 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 2 days.

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After testing 1.1085 numerous times, EUR/USD has finally broken through. Can we expect a bearish trend to follow?

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UK100 is approaching the resistance line of a Resistance. It has touched this line numerous times in the last 50 days.

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