The movement of USD/CAD towards 1.3739 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 4 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
Related Posts
NZDUSD experienced a very large 34 days bearish move to 0.59631
Those of you that are trend followers are probably eagerly watching NZDUSD to see if its latest 6.02%…
GBPUSD – breach of price line that’s been previously tested numerous times before
GBPUSD has broken through a resistance line. Because we have seen it retrace from this price in the…
AUDUSD is approaching a support line of a Descending Triangle. It has touched this line numerous times in the last 8 days.
Emerging Descending Triangle detected on AUDUSD – the pattern is an emerging one and has not yet broken…