Aurum Markets Blog Technical Analysis LTCUSD is on the approach

LTCUSD is on the approach

LTCUSD is on the approach post thumbnail image

LTCUSD is moving towards a resistance line. Because we have seen it retrace from this level in the past, 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 2 days and may test it again within the next 7 hours.

Supported by Upward sloping Moving Average

Target: 91.93 Entry: 90.27 Stop: 89.5564

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