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There is a possibility of a big movement on USD/CAD after a breach of the resistance

USD/CAD has broken through a resistance line of a Channel Down and suggests a possible movement to 1.3793 within the next 6 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 28 days.

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Support line breached by BTCUSD. This price has been tested at least twice before.

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We expect EURUSD to trend upwards right now.

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