Big movement expected on LTCAUD after a breach of 67.4400

LTCAUD has broken through a line of 67.4400 and suggests a possible movement to 52.5160 within the next 2 days. It has tested this line numerous times in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 13 days.