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Important resistance line being approached by NAS100. This price has been tested numerous time in the last 3 days

NAS100 is moving towards the resistance line of a Triangle which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If NAS100 continues in its current trajectory, we can expect it to reach 7842.7500 within the next 16 hours.

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A quick move expected on NZD/USD as it starts approaching a resistance line of a Triangle

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We expect a 799 pip movement on PL within 4 hours following the event release.

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