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XRPUSD – approaching a resistance line that has been previously tested at least twice in the past

XRPUSD is moving towards the resistance line of a Channel Down. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 11 days and may test it again within the next 4 days.

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We expect NZDUSD to trend downwards today with a 75% chance.

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USD/CHF is approaching a resistance line of a Triangle. It has touched this line numerous times in the last 28 days.

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