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US30 – approaching a price line that has been previously tested numerous times in the past

US30 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 14 days and may test it again within the next 3 days.

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USDCAD may be ready to trend upwards today with a 66.67% chance.

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We could see a 77,450 pip movement on NQ within 48 hours following this event release.

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