USD/CAD is moving towards the support line of a Triangle. Because we have seen it retrace from this line before, 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 3 days and may test it again within the next 20 hours.
ARTÍCULOS RELACIONADOS
Supports and resistances are primary concepts of technical analysis. EURCAD is heading for an important price of 1.4871 – read about what this could mean for the future.
EURCAD is approaching a support line at 1.4871. If it hits the support line, it may break through…
AUDUSD moves lower to 0.62433 in the last 26 days.
AUDUSD hits 0.62433 after a 4.12% move spanning 26 days.
GBPUSD through 1.2532376923076922. Is this a confirming a breakout? Will it continue its path in the current trend toward 1.2489?
GBPUSD has broken through a support line. It has touched this line at least twice in the last…