USD/CAD has broken through a support line of a Triangle chart pattern. If this breakout holds true, we may see the price of USD/CAD testing 1.3576 within the next 6 hours. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any action.
Related Posts
Important price line breached by USDJPY. This price has been tested numerous times before.
USDJPY is once again retesting a key horizontal support level at 145.0465. It has tested this level 3…
A possible move on NZDUSD as it heads towards support
The movement of NZDUSD towards the support line of a Falling Wedge is yet another test of the…
EURGBP has formed 6 bullish candles successively, what is the probability of getting another bullish candle?
After posting 6 consecutive bullish candles in 7 days, you may start considering where EURGBP is heading next,…