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 1.3578 within the next 6 days. 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
If you’re short GBPUSD you should be aware of the rapidly approaching level of 1.2980
GBPUSD is about to retest a key horizontal resistance level near 1.2980. It has tested this level 4…
AUDJPY – approaching a support line that has been previously tested at least twice in the past
A Triangle pattern was identified on AUDJPY at 94.4205, creating an expectation that it may move to the…
EURGBP likely to test 0.8385 in the near future. Where to next?
EURGBP is heading towards 0.8385 and could reach this point within the next 3 days. It has tested…