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LTCUSD likely to test 61.9600 in the near future. Where to next?

LTCUSD is moving towards a support 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 2 days and may test it again within the next 10 hours.

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Support line breached by USD/JPY. This price has been tested at least twice before.

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USD/CAD – breach of a trending resistance line that has been tested at least twice before.

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