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

BCHCAD is moving towards a resistance 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 3 days and may test it again within the next 12 hours.

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We expect CL to trend downwards for the next 12 hours.

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Important price line being approached by US Treasury Bond SEPTEMBER 2022. This price has been tested numerous times before.

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