The movement of USD/CAD towards 1.3600 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
Related Posts
GBPUSD moves lower to 1.25933 in the last 21 days.
GBPUSD has experienced an extremely big movement in last 20 days. It may continue the trend, but this…
A Rising Wedge has formed, AUDJPY is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
AUDJPY is moving towards a resistance line which it has tested numerous times in the past. We have…
Supports and resistances are primary concepts of technical analysis. AUDCAD is heading for an important price of 0.9107 – read about what this could mean for the future.
AUDCAD is approaching a resistance line at 0.9107. If it hits the resistance line, it may break through…