USD/CAD has broken through a resistance line. It has touched this line at least twice in the last 9 days. This breakout may indicate a potential move to 1.3458 within the next 2 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
Related Posts
We expect a 39 pip movement on USDCHF for the next 2 hours.
We expect USDCHF to trend downwards for the next 2 hours. Based on these past Canada Ivey PMI…
USD/CHF may be on a start of a new bearish trend after its breakout through this important support level
A strong support level has been breached at 0.8982 on the 30 Minutes USD/CHF chart. Technical Analysis theory…
We expect a 128 pip movement on GBPUSD for the next 12 hours.
We expect a $1280 movement on GBPUSD within the next 12 hours. We expect GBPUSD to trend downwards…