NZD/USD is approaching the resistance line of a Resistance. It has touched this line numerous times in the last 2 days. If it tests this line again, it could do so in the next 9 hours.
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CHFJPY is quickly approaching the support line of a Descending Triangle. We expect either a breakout through this line or a rebound.
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Supports and resistances are primary concepts of technical analysis. EURCAD is heading for an important price of 1.5825 – read about what this could mean for the future.
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