USD/CAD has broken through a resistance line. It has touched this line at least twice in the last 4 days. This breakout may indicate a potential move to 1.3636 within the next 10 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
Related Posts
EURCHF reached 0.936355 after a 0.33% move spanning 6 hours.
EURCHF recorded an exceptional 0.33% move over the last 6 hours. Whether you follow trends or look for…
If AUDNZD touches 1.1342 it may be time to take action.
AUDNZD is heading towards a line of 1.1342. If this movement continues, the price of AUDNZD could test…
Because AUDJPY formed a Channel Up pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher
A Channel Up pattern was identified on AUDJPY at 97.879, creating an expectation that it may move to…