Receive the latest alerts via email

Breach of resistance could mean a start of a bullish trend on USD/CAD

USD/CAD has broken through a resistance line of a Triangle chart pattern. If this breakout holds true, we expect the price of USD/CAD to test 1.3317 within the next 18 hours. But don’t be so quick to trade, it has tested this line in the past, so you should probably confirm the breakout before placing any trades.

Total
0
Shares
Previous Post

Breach of support could mean a start of a bearish trend on NAS100

Next Post

Travelers Cos Inc. is quickly approaching the support line of a Descending Triangle. We expect either a breakout through this line or a rebound.

Related Posts