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After testing resistance twice in the past, BCHCAD has finally broken through. Can we expect a bullish trend to follow?

The breakout of BCHCAD through the resistance line of a Triangle could be a sign of the road ahead. If this breakout persists, we expect the price of BCHCAD to test 285.8404 within the next 8 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.

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FRA40 is quickly approaching 5944.5000. We expect either a breakout through this line, or a rebound.

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